News

Investments into xAI would help Grok better compete with OpenAI's ChatGPT by increasing capital toward research and ...
Elon Musk is integrating AI across his companies and blurring the lines between them.
Shareholders are being urged to invest in his high-risk AI venture xAI, which runs the chatbot Grok and has integrated Musk’s ...
The potential valuation comes amidst talks involving Saudi Arabia's sovereign wealth fund, which holds an indirect stake through an $800m investment.
A key part of the funding plan includes borrowing $12.5 billion from loans backed by more than $62.5 billion worth of Tesla shares that Mr. Musk owns—or about 40% of his stake at Wednesday’s ...
Elon Musk has taken a big step towards integrating all his businesses into an AI-based future. According to news agency Reuters, Musk's space company SpaceX has invested $2 billion in his AI startup ...
Elon Musk says he scrapped his plans to take Tesla private after hearing from investors like Cathie ... Musk was testifying in the trial over a 2018 tweet saying he had funding to take Tesla private.
Tesla rejects xAI merger but Elon Musk plans shareholder vote on investment as SpaceX contributes $2 billion to AI startup funding round.
Part of Musk's initial $44 billion bid to buy Twitter was financed by a huge loan against his Tesla shares. Over the last four years, Elon Musk seems to have changed his tune about being a private ...
Mr. Musk wrote on Twitter on Aug. 7, 2018, that he had “funding secured” for the deal. ... Musk Says Buyout Plan to Take Tesla Private Didn’t Involve ‘a Specific Number ...
Elon Musk said on Monday that he had not lied or misspoken about his plan to take Tesla off the stock market in 2018, testifying in federal court that Saudi Arabia’s sovereign wealth fund had ...
Elon Musk, on trial for civil fraud over his “funding secured” tweet, argued his take-private Tesla plan was a solid “handshake” deal— the same kind of deal he uses to buy houses. Jan ...