xAI

Report Claims Major AI Chatbots Lean Left on Political Questions

A Washington Post report says several leading chatbots show political bias, with ChatGPT most often producing left-leaning answers in a 29-question test. OpenAI and Anthropic reje…

Elon Musk Quietly Built a Private Property Cluster Near Austin

Elon Musk has built a private housing cluster in West Lake Hills, Texas, using companies linked to him to buy at least three large homes. The purchases fit a broader pattern of un…

SpaceX raises $25 billion in bonds after record equity sale

SpaceX raised $25 billion in debt on Tuesday, shortly after completing the largest stock offering in history. Demand for the bonds reached nearly $90 billion, as the company seeks…

Markets Open Weaker as Iran Talks, Fed Policy and Oil Drive Sentiment

Musk’s latest AI gamble: $60 billion stock deal for Cursor maker

SpaceX said it will buy Anysphere, maker of Cursor, in a $60 billion stock deal. The acquisition is meant to strengthen Elon Musk’s AI ecosystem and compete more directly with Ope…

SpaceX’s historic deal makes Elon Musk the first trillionaire

SpaceX raised $85.7 billion in the largest offering ever, making Elon Musk the first trillionaire. The deal lifted employees and early backers, while highlighting a massive gap be…

AI veteran blasts xAI as unsustainable and warns of a bubble burst

Yann LeCun says Elon Musk’s xAI is a failure and warns that AI companies are running an unsustainable business model. He says the industry may need price hikes or cost cuts soon…

Musk’s $28 Trillion SpaceX Vision Revives Bubble Fears Around AI and Space Stocks

Dr. Gali Ingbar says SpaceX’s huge valuation, driven largely by Elon Musk and AI hype, looks detached from its financial results. She warns that SpaceX, Anthropic and OpenAI could…

Elon Musk's Grok Used by the U.S. Military in Strikes on Iran

U.S. government filings say Elon Musk's Grok is now used by the Pentagon for target identification and intelligence analysis, including in strikes on Iran. The disclosure emerged…

Musk's SpaceX buys AI coding startup Anysphere for $60 billion

SpaceX announced it will buy Anysphere, the company behind Cursor, for $60 billion. The deal is aimed at boosting SpaceX's position in enterprise AI and helping xAI compete with O…

Elon Musk Becomes the First Person Worth More Than $1 Trillion

Elon Musk became the first person ever to be worth more than $1 trillion after SpaceX went public in the U.S. on Friday. SpaceX jumped about 20% on debut, valuing the company at r…

SpaceX IPO Catapults Elon Musk Past $1 Trillion Paper Wealth Mark

SpaceX completed the biggest IPO in history, raising about $75 billion and valuing the company at up to $1.8 trillion. The deal made Elon Musk the first person whose paper wealth…

The First Trillionaire in History? The Strategy That Put Elon Musk at the Top of the World

If SpaceX goes public at the planned valuation, Elon Musk’s fortune could approach or exceed $1 trillion, a historic first. The article traces how the South African-born entrepren…