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...
04 Jun, 2026, 07.39 PM IST
ASML CEO sees tight supply in booming chip market as AI demand soarsThe global chip market faces a prolonged period of tight supply. Demand from artificial intelligence, satellites, and robots is surging. AS...
20 May, 2026, 06.54 PM IST
Govt’s new ‘law-to-code’ push; UpGrad’s $1.7 billion valuationHappy Wednesday! The government plans to translate legal provisions into software code that enforces compliance by design. This and more in...
20 May, 2026, 07.50 AM IST
Elon Musk vs OpenAI trial enters second weekOpenAI cofounder Greg Brockman is set to testify in a lawsuit filed by Elon Musk, who seeks to revert the AI giant to a non-profit foundati...
04 May, 2026, 02.32 PM IST
Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
28 Apr, 2026, 08.12 PM IST
Opening remarks Tuesday in Elon Musk versus OpenAI trialA courtroom showdown begins Tuesday between billionaire Elon Musk and OpenAI. Musk alleges the artificial intelligence company betrayed its...
28 Apr, 2026, 07.36 AM IST
Elon Musk lays out Terafab AI chip project planElon Musk announced Tesla will utilize Intel's 14A process for its ambitious Terafab chip project in Texas. This advanced complex aims to p...
24 Apr, 2026, 08.06 AM IST
US Justice Department refuses to assist French probe into Musk's X: ReportThe US Justice Department has told French law enforcement it will not help with efforts to investigate tech billionaire Elon Musk's social ...
18 Apr, 2026, 10.03 PM 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
SpaceX posted nearly $5 billion loss in 2025: The InformationSpaceX reported a nearly $5 billion loss in 2025 despite strong revenue, partly due to its acquisition of xAI. The company remains profitab...
10 Apr, 2026, 10.42 AM IST
TCS Q4 beats expectations; UP girl makes Y Combinator historyTCS reported strong Q4 results, driven by robust performance in North America and a weak rupee. This and more in today's ETtech Top 5.
09 Apr, 2026, 10.35 PM IST
Explained: Why Elon Musk merged his space and AI businesses to create a $1.25 trillion behemothSpaceX has acquired xAI in a deal that rolls all of xAI’s equity into SpaceX, making xAI a wholly owned subsidiary under the SpaceX corpora...
03 Feb, 2026, 12.47 PM IST
Elon Musk's xAI to build $20 billion data centre in MississippiElon Musk’s xAI plans to invest $20 billion in a vast data centre in Southaven, Mississippi, the state’s biggest-ever private project. The ...
09 Jan, 2026, 08.47 AM IST
Elon Musk's xAI raises $20 billion in Nvidia-backed funding roundElon Musk’s AI startup, xAI, said on Tuesday that it has raised $20 billion in fresh funding from participants including Nvidia, exceeding ...
07 Jan, 2026, 03.45 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
Musk's xAI raises $5 billion each in fresh debt and equity, Morgan Stanley saysThe $5 billion raised in debt consists of financing of secured notes and term loans, Morgan Stanley in a statement posted on social media p...
01 Jul, 2025, 07.26 AM IST
NAACP files intent to sue Elon Musk's xAI company over supercomputer air pollutionThe NAACP plans to sue Elon Musk’s xAI over air pollution from its Memphis supercomputer facility, located near predominantly Black communi...
17 Jun, 2025, 09.21 PM IST