xAI recently secured $10 billion, split evenly between a $5 billion equity raise and a $5 billion debt package arranged by Morgan Stanley. That round took its meteoric valuation to $113 billion, ...

On Monday, the Department of Defense announced that it had signed similar agreements, also with ceilings of $200 million, with industry leaders including Google, Anthropic, and ...

Discover how Amazon's Project Kuiper launches with SpaceX to compete in satellite internet, aiming for $7.1B revenue by 2032.

Amazon’s third batch of Project Kuiper satellites have launched into space on Elon Musk’s Falcon 9 rocket. Jeff Bezos plans to light up his space Internet service later this year with help from launch ...

Elon Musk's company xAI is offering a large sum of money for engineers to develop anime girl avatars for their AI model's companion feature.

Elon Musk's SpaceX is planning an insider share sale, potentially valuing the company at around $400 billion. This move solidifies SpaceX as the world's most valuable private startup.

Shareholders are being urged to invest in his high-risk AI venture xAI, which runs the chatbot Grok and has integrated Musk’s ...

The per-share price of $212 is up substantially from the $185 set in a prior transaction that valued SpaceX at $350 billion ...

Elon Musk on Monday stated he does not support merging his artificial intelligence company, xAI, with electric automaker ...

M EMPHIS, Tenn. (WMC) - Brent Mayo moves at a rapid pace as the point man building Elon Musk’s Colossus 1 and Colossus 2, the largest supercomputers on planet Earth, right here in Memphis, Tennessee.

It's no surprise that Musk is leaning into AI — the CEO has spoken about the idea in many of Tesla's earnings calls over the ...

Shifting launch dates for the web-based version of Amazon's Alexa come as other companies, including Apple, struggle to ...