News

$440M data center going up in Elon Musk’s suburban Austin stronghold
A $440 million data center with an odd name is going up in Bastrop County, the suburban Austin hub of several of Elon Musk’s ...
Elon Musk’s dubious deal for Tesla’s investors is a hard sell
Shareholders are being urged to invest in his high-risk AI venture xAI, which runs the chatbot Grok and has integrated Musk’s ...
Elon Musk's SpaceX Commits $2 Billion To xAI In $5 Billion Round As AI Startup Hits $113 Billion Valuation Amid Controversy
SpaceX has agreed to invest $2 billion in Elon Musk 's artificial intelligence company xAI. The investment makes up nearly ...
Benzinga on MSN21h
Gary Black Says Shareholder Vote The 'Fairest' Way To Decide On Tesla, XAI Merger, Questions Elon Musk's Plans To Sell- 'XAI Likely To Grow...'
Future Fund's veteran investor, Gary Black, thinks that a shareholder vote would likely be the ideal option to decide on a merger between Elon Musk's EV giant Tesla and xAI.
Elon Musk’s xAI pushes Grok into Palantir territory
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, ...