SpaceX seeks a record $75 bn in stock market debutSpaceX plans a massive $75 billion share sale, valuing the company at $1.8 trillion. This move aims to fund ambitious projects like space-b...
UK lawmaker Jess Asato says she is suing Elon Musk's company over fake Grok bikini imagesA British lawmaker said she is suing Elon Musk's company xAI. Jess Asato alleges the Grok chatbot created fake images of her without consen...
AI companies are barreling toward huge Wall Street debuts. A look at the biggest playersFrom Anthropic to SpaceX to OpenAI, tech giants are looking to take their shares public to access more capital in the race to shape the tec...
When IPOs go wrong: SpaceX, AI firms face a delicate processAs SpaceX, Anthropic, and OpenAI eye massive IPOs, their leaders face Wall Street's scrutiny. Past market debuts offer cautionary tales, fr...
SpaceX plans to set IPO price at $135 per share, targeting $75 billion raise: ReportSpaceX is set to price its IPO at $135 per share, aiming to raise $75 billion and achieve a $1.75 trillion valuation. The company is breaki...
SpaceX targets $1.75 trillion valuation in all-primary IPO next week, sources saySpaceX is preparing for a massive initial public offering targeting a valuation of $1.75 trillion. The company plans to raise at least $75 ...
Anthropic expands access to powerful Mythos AI modelAnthropic has opened access to its new AI model, Mythos, to 150 organisations worldwide. This powerful AI can rapidly find computer securit...
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...
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...
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 ...
Grok falls flat in Washington, undercutting SpaceX's AI growth storySpaceX's AI chatbot Grok faces significant challenges gaining traction within the U.S. government. Federal agencies show a strong preferenc...
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...
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...
From Claude to Grok, AI Chatbots expanding beyond ChatGPT and GeminiThe AI ecosystem is entering a new phase where specialised utility is becoming as important as scale. Emerging platforms like Claude, Perpl...
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...
Pope and cofounder of Anthropic to launch pontiff's AI encyclical on May 25Pope Leo XIV is set to release his first encyclical on May 25. The document addresses human dignity in the age of artificial intelligence. ...
Grok down: Users report app, website and login issuesGrok, Elon Musk's AI chatbot, faced significant disruptions on Friday. Users reported being unable to access the service, receive replies, ...