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SpaceX To Fund xAI With $2 Billion To Dominate AI; Musk Junks Reports Of External Funding As Rumors
Per the Wall Street Journal, the investment by SpaceX is part of a $5 billion equity fundraise by Morgan Stanley for xAI. Earlier, xAI was merged with X (formerly Twitter), combining the entity's value at $133 billion. With the aerospace firm's investment, the company's shares will only rally, boosting the confidence of the investors.
The latest version of xAI’s generative artificial intelligence assistant, Grok 4, frequently consults owner Elon Musk’s ...
Billionaire investor Chamath Palihapitiya sparked speculations regarding a potential megamerger between Elon Musk's biggest ...
A renewal of executive churn is marking the billionaire’s return to business.
The Daily Galaxy on MSN20h
Elon Musk Gave Apple 72 Hours to Accept His $5 Billion Deal—Tim Cook Said No, and Paid the Price for His DecisionIn the world of technology, few rivalries have been as intense as the ongoing battle between Elon Musk and Tim Cook. Both ...
Musk was approved to keep the fencing and gates at his home in a vote by the West Lake Hills City Council on Wednesday, ...
The startup is leaning on Musk’s business empire to play catch-up in the AI race.
SpaceX valuation could surpass CEO Elon Musk's $395 billion net worth, in a fundraising deal driven by Starlink & rocket tech ...
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