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XAI CORP.
SpaceX lowers IPO valuation target to at least $1.8 trillionBloomberg News reported in April that SpaceX was aiming for a valuation above $2 trillion. The target is settling lower after consultations...- OpenAI grows stable of law firms for high-stakes lawsuits, dealsThe company, its CEO Sam Altman and their lawyers at Wachtell Lipton Rosen & Katz and Morrison & Foerster on Monday scored a major victory ...
- Elon Musk’s xAI promised staff $420 for their tax returns, hasn’t paidElon Musk's xAI offered employees a $420 payment for their tax returns to train its Grok chatbot. Two months later, these promised payments...
- Paris public prosecutor opens judicial investigation into Elon Musk and XThe legal landscape around Elon Musk's X social media platform is heating up as Paris prosecutors announce a formal inquiry into allegation...
- Intel’s $100 billion April rally makes it market’s hottest stockIntel has emerged as one of the hottest S&P 500 stocks, adding over $100 billion in market value during a nine-day, 53% rally. A string of ...
- INTC soars 51% in April, adds $100 billion – what's driving Intel stock rally and why analysts are cautiousINTC stock analysis: Intel stock has surged 51% in eight sessions, adding over $100 billion in market value, driven by a $14.2 billion plan...
- SpaceX merger provides lifeline for Elon Musk’s debt-ridden AI startupThe company, which owns Musk’s AI startup and the social network X, is saddled with billions of dollars in debt, besieged by well-funded ri...
- SpaceX acquires xAI in landmark deal as Elon Musk merges tech giants for AI and space dominanceSpaceX has acquired AI startup xAI, merging two of Elon Musk's ventures into the world's most valuable private company. This strategic move...
- Elon Musk becomes first person to hit $500 billion in net worth: All you need to knowElon Musk became the first person with a net worth of $500 billion, driven by Tesla’s stock rebound and the rising value of his ventures, i...
- Musk's xAI wins early order blocking engineer from sharing tech with OpenAIUS District Judge Rita Lin in San Francisco on Tuesday issued a temporary restraining order at the request of xAI that prohibits Xuechen Li...
- Morgan Stanley opens xAI books with Musk in Trump crosshairsMorgan Stanley faces challenges in selling debt for xAI Corp. due to the public feud between Elon Musk and Donald Trump, despite xAI's proj...
- Musk kicks off xAI, Neuralink fundraises after DOGE farewellElon Musk is shifting his focus back to his businesses, with xAI seeking $5 billion to expand its AI footprint and Neuralink securing $650 ...
- Elon Musk’s xAI to raise $5 billion through debt saleElon Musk's xAI is seeking $5 billion in debt financing, with Morgan Stanley managing the offering, to fuel its AI infrastructure expansion...
- Grok 3: Elon Musk's xAI unveils new AI model to rival ChatGPT, DeepSeekGrok-3 outperforms Alphabet Inc.'s Google Gemini, DeepSeek's V3 model, Anthropic's Claude, and OpenAI's GPT-4o across math, science, and co...
- Did Elon Musk overpay for Twitter? Now with Trump as US President elect and xAI, it looks like a stealWhen Elon Musk bought Twitter, many thought that it was a very overpriced deal. However, it is this very platform that gave Musk close acce...
- Elon Musk says Tesla board to discuss $5 billion xAI investmentEarlier this week, Musk asked X users in a poll whether they agreed a deal was a good idea. After more than two-thirds of respondents voted...
- Elon Musk’s xAI nears funding at $18 billion value soon as this weekThe size of the round hasn’t been finalised, the people said, asking not to be identified as the information isn’t public. The maker of AI ...
- Elon Musk's xAI files to raise up to $1 billion in equity offeringFundraising for AI remains a bright spot for startups this year, following OpenAI's launch of popular chatbot ChatGPT last year and raising...
- Elon Musk launches artificial intelligence firm xAIThe startup will be led by Musk, the CEO of Tesla and owner of Twitter, who has said on several occasions that the development of AI should...
- Elon Musk's AI firm xAI launches websiteElon Musk's artificial intelligence firm, xAI, launched its website on Wednesday and said it will hold a Twitter Spaces chat on July 14.
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