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The Latest Breaking News from XAI

AI investors are in for a rude awakening

There is a huge gap between investment and revenue from LLMs. Investors wrongly assume everyone will be a winner

The Guardian - US

The US-UK tech prosperity deal carries promise but also peril for the general public

The UK government hailed the recent US state visit as a landmark for the economy. A record £150 billion of inward investment was announced, including £31 billion targeted at artificial intelligence (AI) development.

The Conversation

Air quality analysis reveals minimal changes after xAI data center opens in pollution-burdened Memphis neighborhood

Even before an Elon Musk-owned artificial intelligence company opened a data center in southwest Memphis, Tennessee, air pollution was so bad that residents of a nearby neighborhood were far more likely to get cancer from industrial air pollution than average Americans. Our analysis found that air pollution got only slightly…

The Conversation

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5 Things to Know About Grok 4 Fast

xAI has unveiled Grok 4 Fast, a new reasoning model that is said to deliver top-tier performance without the high costs. Here are five key takeaways about

Geekflare

Elon Musk Refutes Claims Of xAI's $10 Billion Funding Round, Says 'xAI Is Not Raising Any Capital Right Now'

Elon Musk has dismissed reports of his AI startup, xAI, raising $10 billion at a staggering $200 billion valuation. Musk labeled these reports as “fake news”, asserting that xAI is not in the process of raising capital.

Benzinga

Elon Musk's Ruthless 48-Hour Ultimatum to xAI Employees: 'Tell Me What You've Done — Or Else'

Elon Musk has given xAI employees a 48-hour ultimatum, demanding a one-page report on their recent accomplishments and future plans.

International Business Times UK

xAI's new gas turbine facility gets halfway to Elon Musk's 1-gigawatt 'AI factory' goal

According to a new report from SemiAnalysis, Elon Musk’s AI startup already has 460MW of natural gas generation either installed or under construction.

Tom’s Hardware

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LiveScore teams up with X and xAI for sports betting and media innovation

Integrating real-time content and AI personalization.

Dot Esports

Grok 4 is crushing it — Elon Musk’s AI just topped the leaderboard that matters most

Elon Musk’s xAI model Grok 4 just beat ChatGPT and Gemini on the ARC-AGI leaderboard, a benchmark that measures both performance and efficiency

Tom’s Guide

Elon Musk Thinks xAI Can Achieve AGI With Grok 5 Amid Renewed Focus On Tesla, AI: 'Never Thought That Before'

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk thinks that his artificial intelligence company, xAI, can achieve AGI with the latest version of its AI model, Grok 5.

Benzinga

Google terminates 200 AI contractors — 'ramp-down' blamed, but workers claim questions over pay and job insecurity are the real reason behind layoffs

Google has fired over 200 AI response rating contractors as part of what it claims is a "ramping down" of that role. They join hundreds of other low-paid AI workers who have been let go at various AI developers in recent weeks.

Tom’s Hardware

Anthony Scaramucci Says A Tesla–xAI Merger 'Feels Inevitable' As Shareholders Push For Investment In Grok Parent

On Sunday, Anthony Scaramucci fueled speculation about a potential Tesla Inc. (NASDAQ:TSLA)–xAI merger. The SkyBridge Capital founder said on X that it "feels inevitable" as Elon Musk ramps up efforts to integrate artificial intelligence into his companies.

Benzinga

Elon Musk's xAI Reportedly Lays Off 500 Workers From Data Annotation Team As Startup Pivots To Specialist AI Tutors For Grok Expansion

Elon Musk's artificial intelligence company xAI has reportedly laid off at least 500 workers from its data annotation team as it shifts focus toward specialist roles aimed at accelerating the development of its Grok chatbot.

Benzinga

FTC launces inquiry into AI chatbots acting as companions and their effects on children

The Federal Trade Commission has launched an inquiry into several social media and artificial intelligence companies about the potential harms to children and teenagers who use their AI chatbots as companions

The Independent UK

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Benzinga

Elon Musk Thought OpenAI Had A '0%' Chance Of Success, Says Sam Altman, Calls xAI A 'Competitive Clone'

Sam Altman, co-founder of artificial intelligence company OpenAI, says that Tesla Inc. (NASDAQ:TSLA) and SpaceX CEO Elon Musk has been upset at the success of ChatGPT.

Benzinga

Oracle's Exceptional Backlog Confirms Its Role As Key AI Enabler: Analyst

Oracle (NYSE:ORCL) shares jumped after the company reported first-quarter results, driven by stronger-than-expected growth in its cloud and AI infrastructure business and a record backlog of multi-billion-dollar contracts, highlighting its expanding role in the rapidly growing AI market.

Benzinga

Elon Musk Says Open-Sourced X Algorithm Will Showcase Flaws, Improve Transparency As Trump Aide Peter Navarro Alleges 'Propaganda' On The Platform

Billionaire Elon Musk says that his team at the social media platform X (formerly Twitter) decided to make the platform's algorithm open source to showcase its "many flaws."

Benzinga

Gene Munster Thinks Elon Musk Should Combine Tesla With xAI To Achieve 'Fairy Tale' Ending With $8.5 Trillion Market Cap

Deepwater Asset Management's co-founder Gene Munster thinks that Elon Musk should combine Tesla Inc. (NASDAQ:TSLA) with his artificial intelligence company xAI to achieve the $8.5 trillion market capitalization target for the EV giant.

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International Business Times UK

Elon Musk Could Pocket Unprecedented $1 Trillion in New Pay Package — If He Hits Mega Milestones

Tesla's board has put a new compensation plan for Chief Executive Elon Musk to a shareholder vote. The package is contingent on the company reaching a series of challenging milestones, from financial targets to new product launches.

Fortune

The exit of Elon Musk’s xAI CFO is the latest example of executive turnover at high-profile startups

Experts say exiting executives don’t want to become the “fall guy."

Benzinga

Sam Altman Warns Of AI Bot Surge On Elon Musk's X, Revives 'Dead Internet' Fears As Feud With xAI Escalates

OpenAI CEO Sam Altman raised concerns on Wednesday about the growing presence of artificial intelligence-generated accounts on Elon Musk‘s X platform, signaling potential implications for social media authenticity and AI deployment strategies.

Benzinga

Elon Musk's xAI Hit By CFO Exit, Adding To Wave Of Leadership Departures: Report

Elon Musk‘s artificial intelligence startup xAI faces mounting leadership instability as Chief Financial Officer Mike Liberatore departed in late July after just three months on the job, marking the latest in a series of high-profile executive exits that could signal operational challenges for the AI venture.

Benzinga

Marc Benioff Visits Elon Musk, Hails Tesla CEO's Robotics Push Amid AGI Criticism

Salesforce Inc. (NYSE:CRM) CEO Marc Benioff has hailed Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk over the latter's work with the EV giant.

Kiplinger

AI Start-ups Are Rolling in Cash

Investors are plowing record sums of money into artificial intelligence start-ups. Even as sales grow swiftly, losses are piling up for AI firms.

Benzinga

Elon Musk's xAI Hits Ex-Employee With Lawsuit Claiming Trade Secrets Ended Up At OpenAI

Elon Musk‘s xAI has initiated legal proceedings against a former engineer. The firm alleges that the engineer stole trade secrets and subsequently took them to rival firm OpenAI.

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