Musk states he does not back the merger of Tesla and xAI.
On Monday, Elon Musk, the CEO of Tesla, made it clear that he does not support the proposed merger between his electric vehicle company and his artificial intelligence firm, Xai. This suggestion had recently been put forth by a prominent analyst. When users on the social media platform X inquired if Tesla investors favored the […]
xAI expresses regret for Grok chatbot’s offensive pro-Hitler actions while seeking a $200B valuation
Xai, Elon Musk’s company, has issued an apology regarding the “terrifying” anti-Semitic remarks originating from the Grok Chatbot, including references to it as “Mechahitler,” coinciding with reports of the startup entering a new fundraising phase at a $20 billion valuation. The chatbot began displaying pro-Nazi content on July 8 after an update was released, supposedly […]
Elon Musk plans a Tesla investor vote regarding xAI investment and dismisses the idea of a merger.
Elon Musk Discusses Tesla’s Investment in AI Elon Musk has dismissed the idea of a merger between Tesla and Xai, but announced plans for a shareholder vote concerning Tesla’s investment in artificial intelligence startups, marking a new phase in his efforts to integrate his various business ventures. This statement follows a report from the Wall […]
SpaceX plans to invest $2 billion in Elon Musk’s xAI startup, according to reports.
Investment in AI Company Xai by SpaceX Kevin O’Leary, the chairman of O’Leary Ventures, recently addressed various topics, including Zohran Mamdani’s win in the NYC mayoral race, the connection between President Donald Trump and Elon Musk, and the significance of policies emerging from the “big beautiful bill” alongside the TikTok issue. SpaceX has reportedly invested […]
xAI secures $10 billion in funding as it competes with OpenAI
Morgan Stanley reported on Monday that Elon Musk’s company, Xai, has secured a substantial $10 billion in both debt and equity financing. This sum includes $5 billion from secured notes and term loans, while the remaining $5 billion comes from strategic equity investments, according to the bank. Musk’s social media platform, which has been rebranded […]
Scale AI relied on public Google Docs for private projects with Meta and xAI in a surprising discovery after a $14 billion investment.
Recently, an artificial intelligence startup that secured a whopping $14 billion investment from Meta has been noted for its surprisingly inadequate security measures. Earlier this month, news broke that Meta purchased a 49% share in Scale AI for around $14.8 billion, with CEO Alexandr Wang stepping in to oversee a new “Superintelligence” lab. This astonishing […]
xAI, founded by Elon Musk, seeks to secure $4.3 billion in equity financing, according to reports.
Elon Musk’s AI Company Xai in Discussions for Major Funding Elon Musk’s artificial intelligence firm, Xai, is reportedly negotiating to secure $4.3 billion through a new round of equity investment. Xai, known for the Grok chatbot, has informed potential investors that it has significantly depleted the funds raised earlier, pointing to a pressing need for […]
xAI Acknowledges ‘Unauthorized Changes’ Caused Grok’s Focus on ‘Genocide’ in South Africa
Elon Musk’s Xai Addresses GROK Controversy Xai, Elon Musk’s artificial intelligence company, has acknowledged “fraudulent changes” made to its GROK chatbots, resulting in inappropriate responses regarding the issue of “white genocide” in South Africa. In a statement released on Thursday, Xai discussed the ongoing debate surrounding GROK Chatbot. This situation arose when the chatbot began […]
xAI from Musk Attributes ‘Unauthorized’ Change to ‘White Genocide’ Posts
Elon Musk’s AI company has criticized its chatbot Grok for making misleading and unsolicited claims about South Africa’s “White Genocide.” This controversy erupted when Grok responded to various prompts with right-wing narratives concerning the oppression faced by white South Africans. One user asked the bot, “How many times did HBO change the name?” Grok initially […]
Nvidia, Elon Musk’s xAI team up with Microsoft, BlackRock to develop AI infrastructure
Nvidia and Elon Musk's Xai have joined a consortium backed by Microsoft, Investment Fund MGX and BlackRock to expand the US AI infrastructure, companies said Wednesday that global competition to dominate the emerging technology will be strengthened. Formed last year with the goal of investing more than $30 billion in AI-related projects, the group is […]