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...
21 May, 2026, 09.05 AM IST
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...
21 May, 2026, 08.09 AM IST
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...
21 May, 2026, 06.38 AM IST
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...
12 May, 2026, 10.00 PM IST
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...
21 Apr, 2026, 11.34 AM IST
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...
21 Apr, 2026, 09.53 AM IST
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...
15 Apr, 2026, 02.37 PM IST
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...
31 Dec, 2025, 07.51 AM IST
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 ...
19 Nov, 2025, 11.31 PM IST
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...
13 Nov, 2025, 10.40 PM IST
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...
08 Oct, 2025, 08.41 AM IST
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...
20 Sep, 2025, 09.36 AM IST
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...
16 Jul, 2025, 09.28 PM IST
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...
08 Mar, 2025, 07.26 AM IST
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...
05 Dec, 2024, 07.35 AM IST
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...
23 May, 2024, 06.00 PM IST
Amazon wants to help Biden get 100 mn Americans vaccinated in 100 daysUber has also offered logistical assistance.
21 Jan, 2021, 11.18 AM IST