Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion

The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.

Tech - The New York Times - 7 hours ago

Elon Musk's xAI in Talks to Raise Funding Valuing It at $40 Billion

The new fundraising effort would substantially increase startup’s valuation from spring.

Tech - The Wall Street Journal - 2 days ago

Elon Musk’s xAI startup said to eye funding round, valuing the company at this much

xAI is in talks with investors for a funding round, the Wall Street Journal reported.

Business - MarketWatch - 2 days ago

Musk in funding talks with Middle East investors to value xAI at $45bn

Early discussions include existing backers of artificial intelligence start-up

World - Financial Times - 18 hours ago

Are Elon Musk and Vladimir Putin Talking?

The billionaire has reportedly been in regular contact with the Russian president, heaping more scrutiny on the power and influence the entrepreneur wields over the U.S. government.

Business - The New York Times - 6 days ago

Elon Musk’s xAI launches API, letting third-party developers build atop Grok

Attention, developers: you can now get your hands on Elon Musk's Grok 2 multimodal language model through his startup xAI's new API.

Tech - VentureBeat - October 21

Jeff Bezos, Elon Musk and the Billions of Ways to Influence an Election

The world’s richest men have their own rocket fleets, their own media and their own schemes to succeed with Donald J. Trump.

Business - The New York Times - 10 hours ago

Why Elon Musk’s $1 Million Giveaways Could Be Troublesome

Legal experts question the billionaire’s plan to hand out huge payments in battleground states as part of a get-out-the-vote drive.

Business - The New York Times - October 21

What a Trump win could mean for Elon Musk's businesses

Elon Musk is wearing multiple hats this election season, sparking questions about how his dual role as a tech leader and vocal surrogate for former President Trump could lead to conflicts of ...

Politics - The Hill - October 22

Elon Musk says Trump's economic plans could cause 'temporary hardship'

Musk, the world's richest person, is a prominent supporter of Trump.

AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion

The search-based chatbot is seeking to raise around $500 million in what would be its fourth funding round in a year.

Tech - The Wall Street Journal - October 20

Elon Musk is $26 billion richer after Tesla's best day on the stock market since 2013

Tesla shares soared 22% on Thursday, lifting the world's richest person's net worth by roughly $26 billion.

Business - CNBC - October 24

Elon Musk's secret talks with Putin ramped up during his Twitter takeover: WSJ report

Tesla and SpaceX CEO Elon Musk has engaged in secret talks with Vladimir Putin since late 2022, The Wall Street Journal reports.

Business - CNBC - 6 days ago

Elon Musk has been inescapable in this election. How could he affect the results?

Tesla and SpaceX chief’s behavior sets him apart from even the most politically active billionaires – serving as a Trump policy adviser and mega-donor. Less than a month before the presidential ...

World - The Guardian - October 18

Gov. Shapiro says law enforcement could look at Elon Musk’s $1M giveaway to super PAC supporters

During an interview with Meet the Press, Gov. Josh Shapiro (D-Pa.) questions the legality of Elon Musk promising $1 million giveaways to voters who sign his super PAC’s petition “in favor of free ...

Politics - NBC News - October 20

Elon Musk could face ‘legal liability’ for his $1 million giveaway, says election law expert

NBC News Election Law Analyst Nate Persily discusses the legal questions surrounding billionaire tech founder Elon Musk’s latest election effort to support former President Trump ahead of the ...

Politics - NBC News - October 21

DOJ warns Elon Musk's America PAC that $1M voter giveaways could be illegal

Elon Musk's America PAC has been giving away $1 million daily, an effort it debuted in conjunction with Musk's push to register swing-state voters.

Elon Musk, Trump allies say his tariff plans could cause short-term pain for consumers

Donald Trump has proposed universal tariffs, which Vice President Kamala Harris attacked, calling the proposal a "Trump sales tax" on American consumers.

Business - CNBC - 2 days ago

How Trump Superfan Elon Musk’s Plan to Cut $2 Trillion in Spending Could Mean Economic Chaos

The GOP candidate has spoken of making the billionaire CEO in charge of a ‘Department of Efficiency,’ but experts warn those dramatic reductions could mean instability and turmoil.

Business - Inc. - Yesterday

Elon Musk’s Criticism of ‘Woke AI’ Suggests ChatGPT Could Be a Trump Administration Target

If you think the United States is politically divided now, just wait for the AI culture wars.

Tech - Wired - Yesterday

Elon Musk Could Have US Citizenship Revoked If He Lied on Immigration Forms

The richest man in the world appears to have worked in the US without authorization. According to experts, if he did so and lied about it as part of the immigration process, he could be denaturalized.

Tech - Wired - 8 hours ago

Meet the Candidate: Elon Musk

The billionaire is spending a fortune to support former President Donald J. Trump. But at a town hall event in Pennsylvania, he looked an awful lot like a politician himself.

Top stories - The New York Times - October 18

Elon Musk's many hats

Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story What a Trump win could mean for Musk's businesses Elon Musk is wearing multiple hats this election ...

Politics - The Hill - October 22

Elon Musk's PAC Is Buying Ads for Donald Trump on Elon Musk's X

America PAC purchased ads yielding tens of millions of impressions on X between July 8 and October 1, according to the platform’s ad disclosure data.

Tech - Wired - October 21

KKM Financial's Essential 40 stock fund is now an ETF

Many asset managers have been converting their mutual funds to ETFs in recent years, due in part to a 2019 SEC rule change.

Business - CNBC - October 21

SAP Gains $26 Billion in Market Value, Surging Past ASML

The German business-software company’s shares climbed more than 5% after it raised its revenue and earnings forecasts for the year on strong demand for AI.

Business - The Wall Street Journal - October 22

Ghost jobs: why do 40% of companies advertise positions that don’t exist?

A survey has revealed that the practice is widespread, with many companies going as far as fake-interviewing too. Name: Ghost jobs.. Age: Old, but increasingly common. Continue reading...

World - The Guardian - Yesterday

Reeves Faces Cabinet Unease Over £40 Billion Hunt for Budget

World - Yahoo News - October 16

UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds

Rachel Reeves, the finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.

Business - The New York Times - Yesterday

TechScape: Elon Musk is stumping hard for Donald Trump

Plus: art on Samsung TVs, babies’ faces online, and the iPhone 16 Pro reviewed. • Don’t get TechScape delivered to your inbox? Sign up here . Hello, and welcome to TechScape. I’m Blake ...

World - The Guardian - October 15

The Paradox at the Heart of Elon Musk’s Cybercab Vision

During an event for Tesla’s new self-driving Cybercab—due out 2027—Musk revealed an expansive vision for cities transformed by a robotaxi revolution. Experts say the plan has some hitches.

Tech - Wired - October 18

Elon Musk gives $1m to a rally attendee

Kristine Fishell was the second winner of Musk’s giveaway at a town hall event in Pennsylvania on Sunday night.

Is Elon Musk's $1 million election giveaway legal?

Elon Musk announced Saturday he is giving away $1 million daily through Nov. 5 to swing state voters who sign a petition for his pro-Trump political action committee. Musk has already committed at ...

Elon Musk's PAC giveaway raises legal concerns

Elon Musk is giving away big bucks to random voters who sign a petition from his political action committee. But there's a catch — and it's raising concerns about possible campaign finance ...

A vote for Donald Trump is a vote for Elon Musk

Donald Trump's potential administration could benefit from Elon Musk's efficiency efforts, as he could be put in charge of a government efficiency commission to cut down on bureaucracy and save ...

Politics - The Hill - October 22

TechScape: Elon Musk’s global political goals

Plus: World of Warcraft, polling and cats. • Don’t get TechScape delivered to your inbox? Sign up here . Hello, and welcome to TechScape. I’m Blake Montgomery, technology news editor at the ...

World - The Guardian - October 22

Elon Musk’s riskiest bet yet: Donald Trump

The billionaire entrepreneur has gone all-in behind the Republican candidate. If he wins, the prize could be substantial influence over the administration

Business - Financial Times - October 21

Elon Musk Plots His Final Moves for Trump

With less than two weeks until Election Day, the richest person in the world is throwing himself into the effort to elect the former president.

Top stories - The New York Times - October 24

Elon Musk's Secret Conversations With Vladimir Putin

Regular contacts between world’s richest man and America’s chief antagonist raise security concerns. Topics include geopolitics, business and personal matters.

World - The Wall Street Journal - 6 days ago

Latest in Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion

Topics