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SpaceX Acquires xAI, Forming $1.25 Trillion Company

SpaceX Acquires xAI, Forming $1.25 Trillion Company

Elon Musk said SpaceX acquired xAI, a deal that combines his powerful rocket-and-satellite business with his artificial-intelligence startup that is facing steep competition.

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Anthropic

Anthropic Rockets to $965 Billion Valuation, Topping OpenAI in AI Showdown

AI startup Anthropic closed a funding round at a $965 billion valuation,...

openai

OpenAI announces $110 billion funding round with backing from Amazon, Nvidia, SoftBank

OpenAI announced a $110 billion funding round on Friday, a financing that’s...

Anthropic raises another $30B in Series G, with a new value of $380B

Anthropic has just concluded a $30 billion Series G fundraising round, the...