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Elon Musk's xAI Startup Is Valued at $50 Billion in New Funding Round

The artificial-intelligence company has told investors it raised $5 billion in its latest funding round.

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 - October 29

Trump’s victory will benefit Elon Musk and xAI

Now that Musk helped propel Trump to a victory, expect xAI to join in the list of federally approved AI vendors and possibly even preferred AI vendors.

Tech - VentureBeat - November 6

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 - October 29

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 - October 31

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 - October 31

Valuations at Musk’s SpaceX and xAI set to soar in new deals

Billionaire’s rocket builder plots huge share sale while AI start-up closes in on $5bn funding round

Business - Financial Times - November 15

Startup Thinking: A Blueprint for Corporate Transformation

Change your culture so employees feel empowered to experiment, collaborate, and make decisions.

Business - Inc. - November 1

Managing Team Conflict for Startup Success

Practical strategies to boost collaboration, innovation, and growth.

Business - Inc. - November 9

xAI woos developers with $25/month worth of API credits, support for OpenAI, Anthropic SDKs

It doesn't sound like much coming from the world's wealthiest man and multi-billionaire, and it's not really on a per user basis.

Tech - VentureBeat - November 4

Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center

Elon Musk's artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC's David Faber.

Business - CNBC - November 15

American Drone Startup Notches Rare Victory in Ukraine

Shield AI’s drones have shown they can withstand brutal electronic warfare, prompting Kyiv to request hundreds of its systems.

Business - The Wall Street Journal - October 31

The top 10 family offices for startup investments

CNBC partnered with Fintrx to analyze single family offices that made the largest number of investments in private startups in 2024.

Business - CNBC - November 15

3 Ways This Unicorn-Backer Helps Startups Thrive

Here’s how DataTribe takes a hands-on approach to growing cybersecurity companies.

Business - Inc. - 5 days ago

These Startups Are Finally Bringing EV Chargers to America's Cities

The lack of charging infrastructure is the biggest barrier to owning an electric car in many urban areas. New York City startups aim to install curbside solutions to address ‘charge anxiety.’

Tech - The Wall Street Journal - 17 hours ago

Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation

Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.

Business - CNBC - October 28

Saudi startup Riyadh Air orders 60 Airbus A321neo planes

Saudi startup airline Riyadh Air has ordered 60 Airbus aircraft

World - ABC News - October 30

Why Space Startups Are Excited by Space Force’s New Rocket Contracts

The nation’s military space wing has opened bidding for new rocket launch contracts worth up to $5.6 billion, and it’s aimed at ’emerging’ providers.

Business - Inc. - October 31

This Startup Hopes its Air-Breathing Engines Will Keep Satellites in Orbit

The commercial space industry is helping explore the final frontier, and Viridian is one of many new companies developing mind-boggling innovations.

Business - Inc. - October 31

Here’s What a New Guide to Scaling Says Are the Hallmarks of Successful Startups

A new report analyzed over 200 companies and concluded that successful founders spend over half their time managing their teams.

Business - Inc. - November 1

This Startup Is Cruising Forward With Plans for a Futuristic, Climate-Friendly Aircraft

JetZero aims to halve aviation industry greenhouse gas emissions through a cutting-edge blended wing body aircraft design.

Business - Inc. - November 4

Meet the startup that just won the Pentagon’s first AI defense contract

The Pentagon awards its first-ever generative AI defense contract worth $1.8M to Jericho Security, targeting deepfake attacks and AI-powered threats against military personnel including drone pilots.

Tech - VentureBeat - November 5

AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round

The artificial intelligence search company is raising $500 million in its fourth funding round this year.

Tech - The Wall Street Journal - November 5

Can This Peer-to-Peer Therapy Startup Disrupt the Telehealth Business?

The cost of mental health care is too high and there is a dearth of practitioners. Some companies are touting the potential of peer therapists.

Business - Inc. - November 6

This Startup’s Futuristic, Blimp-Like Aircraft Could Keep an Eye on the World Below

Sceye’s high altitude platform system is designed to float in the stratosphere and monitor methane leaks and other events.

Business - Inc. - November 7

German economy minister highlights female startup founders at summit

World - Yahoo News - November 11

Startup Logos Space Is Pursuing a Niche Market to Outflank Starlink

Logos Space aims to add another 4,000 satellites to the throng racing over our heads, delivering high speed data to governments and enterprises.

Business - Inc. - November 11

Sam Altman Says Every Startup Has This 1 Unique Superpower

The OpenAI CEO argues that startups actually have a specific advantage against their largest competitors.

Business - Inc. - November 11

This climate startup is challenging Tesla in the race to electrify big rigs

Unlike its rivals, California-based Range Energy is focused on electrifying trailers, not tractors.

Business - CNBC - November 12

Startup Wonder Buys Grubhub From Just Eat Takeaway for $650 Million

The European parent company of the popular food delivery app company had sought to leave the U.S. market since 2022.

Business - Inc. - November 13

Inside the Billion-Dollar Startup Bringing AI Into the Physical World

Physical Intelligence has assembled an all-star team and raised $400 million on the promise of a stunning breakthrough in how robots learn.

Tech - Wired - November 14

A US Ban on Investing in Chinese AI Startups Could Escalate Under Trump

The Biden administration narrowed in on Chinese companies developing frontier AI models, but Donald Trump could take a much broader approach.

Tech - Wired - 5 days ago

Play Ventures raises $140M second fund to invest in games and consumer startups

Play Ventures, a global venture capital firm specializing in early-stage gaming, has raised $140 million for its third gaming fund.

Tech - VentureBeat - 5 days ago

How I’m Building My Startup With Remote Workers and AI Tools

Startups like mine are managing remote teams and integrating AI tools to stay competitive in today’s fast-paced business environment.

Business - Inc. - 4 days ago

Palo Alto Networks Full-Year Guidance Disappoints; Shares Slip

Palo Alto Networks raised its outlook for the year and said revenue climbed in its fiscal first quarter fueled by further subscription growth.