Elon Musk’s xAI Raises $6 Billion in New Funding

“A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia participated.

Topics

Elon Musk Is Creating His Own Texas Town. Hundreds Already Live There.

Employees of SpaceX have filed a formal petition to create the city of Starbase. Its first mayor would be a security manager for the company.
The New York Times - 20h
This Was the Year Elon Musk Took Over Politics

The American public elected Donald Trump to run the federal government. His erratic patron seems to think the job is also his.
Wired - 1d
Musk vows to fund ‘moderate’ Democratic primary challengers

Politico - 4d
Trump and Musk Want to Cut Billions From the Budget. It Won’t Be Easy.

Efforts to cut government spending and eliminate waste are dwarfed by the rising costs of the social safety net programs and interest expenses.
The New York Times - 11h
How 2024 made Elon Musk the world’s most powerful unelected man

A timeline of events in the year of Elon Musk shows how omnipresent he has become, how his X feed has become as unavoidable as Donald Trump’s was. Hello, and welcome to Techscape. I’ve been ...
The Guardian - 15h
Elon Musk wants to ‘delete’ many Americans' financial lifeline

It is especially surprising that one of the first federal agencies to come under scrutiny from the incoming administration is one that has returned billions of dollars to many of the same consumers ...
The Hill - 16h
Did Elon Musk kill a bill blocking investments in China to help Tesla?

Democrats have accused the Tesla CEO of influencing the government-funding bill to his own benefit.
MarketWatch - 21h
Trump denies Elon Musk is "taking the presidency"

On Sunday, President-elect Donald Trump appeared in Arizona to speak at Turning Point USA's AmericaFest at the Phoenix Convention Center. Trump responded to a new attack from Democrats, saying that ...
CBS News - 1d
Trump says he hasn't "ceded the presidency" to Elon Musk

President-elect Donald Trump over the weekend dismissed concerns about Elon Musk's influence after the billionaire helped tank a congressional spending bill last week. Democratic strategist Joel ...
CBS News - 1d