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The Latest Breaking News from XAI

Dow Ends Higher As Big Tech Stocks Retreat; Nvidia Has Bad Day, But Not As Bad As A Trump Stock (Live Coverage)

The Dow Jones led as the S&P 500 reversed lower and the Nasdaq sank on the stock market today. Nvidia waved the white flag after a new high.

Investors Business Daily

Elon Musk selects Memphis for xAI's supercomputer site

Elon Musk selects Memphis for xAI's supercomputer site

It’s the largest single private-sector investment in the city’s history.

Musk says he'll lock iPhones in an electromagnetic cage at his businesses after Apple announces OpenAI partnership

Musk says he'll lock iPhones in an electromagnetic cage at his businesses after Apple announces OpenAI partnership

Elon Musk has criticized Tim Cook and Sam Altman for announcing their AI partnership.

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Elon Musk admits diverting Tesla’s AI chips to his other companies, claiming ‘they would have just sat in a warehouse’

The timing of his latest conflict of interest is damaging, coming just days before a key shareholder vote over his record pay package on June 13.

Dow Jones Futures Await Key Economic Data; Elon Musk Diverts AI Chips From Tesla; Nvidia Lacks Coattails

The market was mixed ahead of key economic data. Elon Musk reportedly diverted Nvidia AI chips from Tesla to X and xAI.

Investors Business Daily

Elon Musk: Tesla CEO warns of the risks of AI to our jobs — while raising $6bn for xAI

Elon Musk warns of robots stealing jobs, but is his new billion-dollar AI firm the answer or the problem?

Evening Standard

Veteran fund manager issues blunt warning on Nvidia stock

This is what could happen next to Nvidia shares.

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Elon Musk's $6 billion xAI fundraise shows he's serious about building an AI contender

Elon Musk's $6 billion xAI fundraise shows he's serious about building an AI contender

Musk says he's building anti-woke AI for all our sake. Other AI companies also claim to be acting for humanity. But there's too much at stake to trust them.

Nvidia Stock Spikes To Record As AI Chipmaker Adds Elon Musk As Customer

Nvidia Stock Spikes To Record As AI Chipmaker Adds Elon Musk As Customer

Nvidia stock jumped on news that Elon Musk's xAI venture is buying Nvidia AI chips for a powerful new supercomputer.

Investors Business Daily

Tory TikTok launch “pathetic” compared to ‘savvier’ Labour says expert - Tech & Science Daily podcast

Listen here or on your chosen podcast platform.

Evening Standard

Elon Musk is recruiting xAI staffers who are ‘without regard to popularity or political correctness’ a day after raising $6 billion from investors

Elon Musk is recruiting xAI staffers who are ‘without regard to popularity or political correctness’ a day after raising $6 billion from investors

Musk's latest startup is barely a year old and already it is worth $24 billion. But Tesla shareholders fear it will compete with the carmaker for resources.

Elon Musk's XAI AI Company Valued At Billion

Elon Musk's XAI AI Company Valued At Billion

XAI, Elon Musk's AI company, valued at billion after billion fundraising round, reflects growing interest in AI.

Elon Musk's latest move could cause a big Tesla problem

Elon Musk's latest move could cause a big Tesla problem

Elon Musk's gambit could dent Tesla's chances in a huge market.

Elon Musk's xAI Secures $6 Billion For AI Innovations, Infrastructure Expansion

Elon Musk's xAI Secures $6 Billion For AI Innovations, Infrastructure Expansion

Elon Musk's AI company xAI raised $6 billion to advance its technology and bring products to market, with plans to build a supercomputer and expand research.

International Business Times

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International Business Times UK

Elon Musk's xAI Gets $6 Billion Investment, Heats Up AI Race

Elon Musk's xAI has secured a significant $6 billion investment, propelling it into direct competition with OpenAI, the creator of ChatGPT.

The Guardian - UK

Elon Musk’s xAI raises $6bn in bid to take on OpenAI

Funding round values artificial intelligence startup at $18bn before investment, says multibillionaire

Elon Musk's Xai Valued At Billion After Funding

Elon Musk's xAI, valued at billion, leads in AI innovation with a focus on ethics and transparency.

Tom’s Hardware

Elon Musk's xAI plans to build 'Gigafactory of Compute' by fall 2025 — using 100,000 Nvidia's H100 GPUs

xAI plans to build another massive supercomputer by late 2025, surprisingly based on Nvidia's H100 GPU.

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Is Oracle Stock a Buy for AI Upside?

Amid rumblings of a deal with Elon Musk's xAI, Oracle shares are up 7% over the past week.

Investors Business Daily

Oracle Stock Jumps On Report of $10 Billion Cloud Deal With Musk's AI Startup

Elon Musk's startup xAI is in talks with Oracle on a $10 billion cloud-computing deal, according to The Information.

Musk’s xAI is raising $6 billion from Sequoia and others

Musk’s xAI is raising $6 billion from Sequoia and others at a valuation of $18 billion.

Tom’s Hardware

Elon Musk says the next-generation Grok 3 model will require 100,000 Nvidia H100 GPUs to train

Elon Musk says the next-generation Grok 3 model will require 100,000 Nvidia H100 GPUs to train. He also believes that artificial intelligence models will beat the smartest humans within the 2025–2026 time frame.

The Guardian - UK

Elon Musk predicts superhuman AI will be smarter than people next year

His claims come with a caveat that shortages of training chips and growing demand for power could limit plans in the near term

One of Elon Musk's newer companies is eyeing an $18 billion valuation

A new report found that investor are in talks to raise $3 billion for Elon Musk's AI startup.

Elon Musk's Xai Attracting Tesla Engineers, Sparking Competition Concerns.

Elon Musk's xAI attracts talent from Tesla, raising concerns over AI strategy and control.

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