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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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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

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...

Scoop: Palmer Luckey’s digital bank Erebor valued at over $4 billion

Erebor, a new digital bank co-founded by Anduril’s Palmer Luckey, has quietly...