US stocks | SpaceX IPO draws over $70 billion from retail investors ahead of record stock market debutSpaceX is gearing up for an IPO that has captured the attention of investors far and wide. With retail investments skyrocketing past sevent...
11 Jun, 2026, 09.35 PM IST
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...
29 May, 2026, 08.10 AM IST
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 ...
22 May, 2026, 12.33 AM IST
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...
20 May, 2026, 02.22 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’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...
18 May, 2026, 07.15 PM IST
Cerebras stock (CBRS) surges 90% on Nasdaq debut as AI chip race intensifies with Nvidia, AMD and Intel rivalry - here's everything investors need to knowCerebras stock (CBRS) price today: AI chipmaker Cerebras experienced a remarkable Nasdaq debut, with shares surging approximately 90% to op...
15 May, 2026, 12.23 AM IST
Tesla made $573 million in sales from SpaceX and xAI last yearTesla earned over $500 million from Elon Musk's companies last year. xAI, his AI startup, accounted for about $430 million. SpaceX, the roc...
02 May, 2026, 10.37 PM IST
On witness stand, Elon Musk accuses Sam Altman's lawyer of trying to trick himElon Musk is in court accusing OpenAI's lawyer of trying to trick him. The trial centers on Musk's lawsuit claiming OpenAI abandoned its mi...
30 Apr, 2026, 12.22 AM IST
Google drops out of $100 million Pentagon drone swarm contest after advancingGoogle abruptly withdrew from a $100 million Pentagon prize challenge for autonomous drone swarms after an internal ethics review. The comp...
29 Apr, 2026, 09.03 AM IST
SpaceX says it has option to acquire startup Cursor for $60 billionSpaceX is exploring a significant move into AI developer tools by securing an option to acquire code-generation startup Cursor for $60 bill...
22 Apr, 2026, 06.32 AM IST
xAI CFO Anthony Armstrong leaves the company: ReportAnthony Armstrong, xAI's Chief Financial Officer, has left the company. This departure is part of a larger trend of senior staff exits. Arm...
10 Apr, 2026, 12.31 AM IST
X probes offensive posts by xAI's Grok chatbot: ReportSocial media platform X is investigating racist and offensive posts by xAI chatbot Grok, Sky News reported on Sunday.
08 Mar, 2026, 08.13 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
Dell nears deal to sell $5 billion in AI servers to xAIShares of the company gained 4% after the report, which said Dell would sell servers containing Nvidia's GB200 semiconductors to the AI sta...
15 Feb, 2025, 10.41 AM IST
Elon Musk denies report claiming his AI firm secured $500 million fundingElon Musk dismissed the report, saying, "This is fake news from Bloomberg", in response to a user who shared the news article on X.
20 Jan, 2024, 06.35 PM IST
Elon Musk's AI company secures $500 million toward $1 billion funding goal: reportThe artificial intelligence (AI) startup xAI is discussing a valuation of $15 billion to $20 billion, though terms could still change in th...
20 Jan, 2024, 07.31 AM IST