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COLOSSUS DATA CENTER
SpaceX IPO gets Cryptocurrency touch. Here's howSpaceX, which began its roadshow last week, has drawn investor demand of about $150 billion for its IPO, about double the $75 billion it is...
Elon Musk defends AI ambitions as IPO reveals troubleElon Musk insists that his artificial intelligence venture xAI remains a serious competitor, pushing back against mounting doubts after rev...
Elon Musk says SpaceX did not commit to long-term Colossus lease with AnthropicElon Musk clarified that SpaceX's lease of its Colossus AI training data center clusters to Anthropic is for six months, not multiple years...
SpaceX IPO filing lays bare losses and Musk control as it stakes future on AIElon Musk plans to take SpaceX public with a valuation of nearly $1.75 trillion. This ambitious figure is drawing scrutiny from Wall Street...
Anthropic nears first quarterly profit, agrees to pay SpaceX $1.25 billion monthly for computing powerAI firm Anthropic is set to achieve its first quarterly operating profit. Sales are projected to double in the June quarter, reaching at le...
SpaceX IPO filing lays bare losses and Elon Musk control as it stakes future on AISpaceX has filed for its IPO, revealing substantial losses in its artificial intelligence division. The company's future hinges on unproven...
Google, SpaceX in talks to explore data centers in orbit, WSJ reportsGoogle is in talks with Elon Musk's SpaceX for a rocket launch deal. The search giant aims to place orbital data centers in space. Google i...
Cheap batteries are taking over the world’s power gridsThis boom, led by China's manufacturing prowess, is making batteries a crucial tool for grid resilience and a cost-effective alternative to...
SpaceX tries to woo Wall Street with three-day analyst meeting this week, sources saySpaceX is preparing for a historic Initial Public Offering. The company is hosting analysts this week for briefings at its Texas launch fac...
NAACP sues Musk's xAI, alleging illegal operation of gas turbinesThe NAACP has sued xAI and its subsidiary MZX Tech, alleging they illegally operated gas turbines to power a data centre in Mississippi wit...
Elon Musk's xAI buys third building to expand AI compute powerElon Musk said his AI firm xAI has bought a third building, 'MACROHARDRR', to expand computing power for training models. The move supports...
Saudi Arabia backs Elon Musk's xAI with data center dealMusk's xAI, which makes the chatbot Grok, agreed to work with the state-backed Saudi company Humain to build a new data center in the Gulf ...
Elon Musk's xAI raises $15 billion in series E round: ReportElon Musk's xAI has raised $15 billion in a series E funding round. The AI startup has been ramping up its data center capacity to train mo...
Musk's xAI nears $20 billion capital raise tied to Nvidia chips, Bloomberg News reportsElon Musk's AI startup xAI is reportedly raising $20 billion, including a $2 billion equity investment from Nvidia. This financing, split b...
Musk says xAI is not raising capital after CNBC report on $10 billion fundingElon Musk refuted a CNBC report stating that xAI is currently raising capital. The report suggested a $10 billion raise at a $200 billion v...
Musk’s xAI in talks with Saudi firm Humain on data center dealThe company is in early talks with two potential partners: Humain, a Saudi-backed artificial intelligence firm offering xAI several gigawat...
Elon Musk's xAI buys new property in Memphis amid supercomputer expansionThe new investment builds on the company's earlier announcement in December, in which it laid out plans to expand its Colossus supercompute...
Elon Musk's xAI plans massive expansion of AI supercomputer in MemphisThe move represents a massive expansion for the supercomputer called Colossus, which currently has 100,000 GPUs to train xAI's chatbot call...
Nvidia profits soar on demand for AI powerNvidia said Wednesday its quarterly net profit rocketed by seven times year-on-year on demand for its chips to power artificial intelligenc...
Amazon wants to help Biden get 100 mn Americans vaccinated in 100 daysUber has also offered logistical assistance.