Tag:

Xai

SpaceX posts $5B loss ahead of IPO

SpaceX reported a staggering loss of nearly $5 billion in 2025, even as revenue climbed past $18.5 billion.

10 Apr 2026-09:05
CFO Anthony Armstrong leaves xAI

Anthony Armstrong, named xAI's CFO in October, has departed the company as part of a broader wave of senior exits, the Information ‌reported on Thursday, citing two people familiar with the matter.

09 Apr 2026-23:23
Musk reshapes xAI before SpaceX listing

xAI is undergoing a sweeping internal overhaul as it moves closer to integration with SpaceX ahead of the space giant’s highly anticipated initial public offering.

09 Apr 2026-10:25
Bezos launches aggressive AI expansion, taking on Big Tech rivals

Founder of Amazon Jeff Bezos is accelerating his push into artificial intelligence with the launch of a new venture, Project Prometheus — a move that signals a direct challenge to the world’s leading AI players.

08 Apr 2026-12:55
Intel joins Musk’s Terafab mega AI chip project

Intel has announced it will join Elon Musk’s ambitious Terafab AI chip initiative, a large-scale semiconductor and computing infrastructure project also involving Tesla, SpaceX, and xAI.

07 Apr 2026-17:56
Elon Musk's shocking SpaceX IPO demand raises eyebrows

Elon Musk is making headlines again, this time for an unconventional demand tied to the highly anticipated SpaceX IPO.

07 Apr 2026-10:12
Musk’s xAI and Tennessee data center bill explained

A new Tennessee bill is putting Elon Musk’s artificial intelligence company xAI at the center of a growing debate over data center energy use, electricity costs, and pollution risks linked to rapid digital infrastructure expansion.

06 Apr 2026-10:36
X investigates racist posts by xAI’s Grok chatbot

Social media platform X is investigating “racist and offensive” content generated by xAI’s chatbot, Grok.

09 Mar 2026-11:02
Musk asks US judge to block OpenAI’s use of WilmerHale probe at trial

Billionaire tech entrepreneur Elon Musk and his artificial intelligence company xAI have asked a federal judge to block jurors at an upcoming trial from considering prominent law firm WilmerHale’s investigation into Sam Altman's ouster and subsequent return as OpenAI's CEO.

25 Feb 2026-23:33
xAI’s Grok gains Pentagon approval for classified military systems

24 Feb 2026-10:35