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Gulf countries act as propellants for SpaceX IPO as billions flow inSaudi Arabia's Public Investment Fund and Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion, th...- Why Elon Musk-led blockbuster SpaceX IPO may spell more bad news for cryptoThe impending IPO of SpaceX is poised to shake up the cryptocurrency landscape. Investors are diversifying their portfolios, redirecting fu...
- 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 ...
- Elon Musk ally Antonio Gracias stands to make billions off SpaceX IPOAntonio Gracias, a key Elon Musk ally and founder of Valor Equity Partners, holds a significant 7.3% stake in SpaceX, positioning him as th...
- 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...
- How PayPal money helped Elon Musk build SpaceX, now eyeing biggest IPO in historySpaceX, founded by Musk using proceeds from PayPal, is reportedly preparing for a massive IPO that could rank among the largest ever. While...
- Microsoft eyeing startup deals for life after OpenAIMicrosoft is actively seeking AI startups for potential acquisitions. This move aims to bolster its AI talent and develop a cutting-edge AI...
- OpenAI chief Altman says Elon Musk wanted control of ChatGPT maker, denies betrayalOpenAI CEO Sam Altman denied Elon Musk's accusations of betraying the company's founding mission. Altman testified that Musk pursued contro...
- Hidden OpenAI secrets and billion-dollar AI stakes: Is Sam Altman’s Musk courtroom battle Big Tech’s biggest warning yet as the CEO takes the witness stand today?OpenAI CEO Sam Altman is expected to take the witness stand today, Tuesday, May 12, in the high-profile legal battle between Elon Musk and ...
- Microsoft boss Satya Nadella to testify on his role in OpenAI's foundingMicrosoft CEO Satya Nadella is expected to take the stand Monday in Elon Musk's lawsuit against OpenAI, to explain emails that revealed how...
- In OpenAI trial, former technology chief says Sam Altman sowed 'chaos,' distrust among top executivesA former OpenAI executive testified that CEO Sam Altman created distrust among leaders. This testimony emerged during Elon Musk's lawsuit a...
- Elon Musk wanted $80 billion to colonise Mars, OpenAI president testifies at trialElon Musk sought complete control of OpenAI to fund his Mars colonisation dream. He aimed to raise $80 billion for a Martian city. This rev...
- OpenAI cofounder Greg Brockman discloses nearly $30 billion stake, financial ties to Sam AltmanCourt revelations show OpenAI President Greg Brockman holds a stake in the company worth almost $30 billion. He also has financial ties to ...
- Elon Musk spars with OpenAI attorney in trial over company's evolution from a nonprofitElon Musk is testifying in a high-stakes trial against OpenAI. He accuses co-founder Sam Altman of betraying promises to keep the company a...
- Elon Musk tells his side of OpenAI's beginnings in trial pitting him against CEO Sam AltmanElon Musk testified for a second day in his trial against OpenAI co-founder Sam Altman, accusing him of betraying promises to keep the AI c...
- Don't loot a charity: Musk takes stand against OpenAIBillionaire Elon Musk took the stand Tuesday to accuse OpenAI and its boss Sam Altman of betraying the AI company's altruistic origins, in ...
- 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.
- Andreessen Horowitz partner Bryan Kim departs to launch new AI-focused fundBryan Kim, who joined the Silicon Valley venture capital firm in November 2020, focused on consumer technology and AI applications. During ...
- xAI exodus: Why cofounders left, and Musk’s comeback planThe reasons for the exit of eight cofounders of Elon Musk-led AI startup xAI are many, including SpaceX’s merger with xAI, exhaustion linke...
- Prometheus bound: Why xAI cofounder and former OpenAI hand Kyle Kosic is heading to Jeff Bezos’ AI ventureJeff Bezos’ AI venture Project Prometheus has hired Kyle Kosic, a former OpenAI engineer and xAI cofounder, to strengthen its infrastructur...
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