Elon Musk's xAI Startup Is Valued at $50 Billion in New Funding Round
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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 -
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 -
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 -
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 Twitter backers gain windfall from xAI deal
Investors hit by losses following billionaire’s takeover of social media platform reap rewards from shares in his AI start-upBusiness - Financial Times - 3 days ago -
Elon Musk's companies balloon in value, with one exception
Tech giant Elon Musk has successfully expanded several businesses, bolstering his capital and financial prowess to become the richest person on Earth. But the billionaire entrepreneur has seen a ...Politics - The Hill - November 16 -
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 roundBusiness - Financial Times - November 15 -
Databricks closes in on multibillion funding round at $55 billion valuation to help employees cash out
Databricks is raising at least $5 billion in cash — though it could raise as much as $8 billion — pegging its new valuation at $55 billion, sources say.Business - CNBC - 3 days ago -
Tesla’s stock extends election surge, as Elon Musk is getting $68 billion richer
Tesla’s stock is headed for its best four-day stretch in more than four years, following Donald Trump’s election win.Business - MarketWatch - November 11 -
Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge
Tesla's 39% surge since Donald Trump's election victory last week has lifted Elon Musk's net worth by about $70 billion.Business - CNBC - November 11 -
Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge
Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 million to help get Donald Trump elected president.Top stories - NBC News - November 11 -
Will Elon Musk and Vivek Ramaswamy's new 'department' actually be able to do anything?
Democrats and good government groups are skeptical of how much Trump's outside commission run by Elon Musk and Vivek Ramaswamy will be able to do.Politics - NBC News - November 15 -
What to know about Elon Musk’s role in Trump’s new administration
Tech billionaire Elon Musk has been a key ally to President-elect Trump and now he’s been tasked with running the "Department of Government Efficiency," an outside effort that is not part of the ...Top stories - NBC News - November 15 -
Why Elon Musk Says His New Role ‘Won’t Be Business as Usual’
Musk’s moves since the election suggest the Tesla CEO will be heavily involved in the Trump administration’s ‘revolution,’ as he calls it.Business - Inc. - November 15 -
Elon Musk met Iran's UN ambassador in New York
It is not clear if President-elect Trump or his national security team were aware of the meeting.Top stories - BBC News - November 15 -
Can Elon Musk teach an old DOGE new tricks?
Fixing the federal bureaucracy is critical to the future health of our government and of our nation, so I hope DOGE succeeds. But Musk might discover that it's easier to start a colony on Mars.Politics - The Hill - November 20 -
A Strong Domain Name Boosts Startup Funding Opportunities
A domain name says a lot about a brand when you’re starting out—here’s how to choose a name that will appeal to VCs.Business - Inc. - Yesterday -
This Battery Startup Raised $15 Billion. Then It Went Bust.
Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant battery makers.Business - The Wall Street Journal - 6 days ago -
Elon Musk goes to Washington
Billionaire chief of Tesla and X looks set to take up influential adviser role in White HouseWorld - Financial Times - November 12 -
Elon Musk’s Political Influence
We explore Musk’s agenda and ideology.Top stories - The New York Times - November 18 -
The myths that made Elon Musk
The tech billionaire’s backing of Donald Trump is part of a worldview that draws on Silicon Valley’s wildest frontiersBusiness - Financial Times - November 23 -
Trump nominates Elon Musk and Vivek Ramaswamy to lead new efficiency department to ‘restructure federal agencies’ – live
Tesla CEO and onetime Republican presidential hopeful put forward to lead department to ‘dismantle government bureaucracy’ . Trump’s cabinet picks and likely contenders so far Joe Biden is ...World - The Guardian - November 13 -
Elon Musk is not America’s new king. But he might be its new Thomas Cromwell | John Naughton
The billionaire was indispensable to Trump’s campaign and now has a senior job. He is about to become dangerously useful. Picture, if you will, the scene in Mar-a-Lago on election night at the ...World - The Guardian - November 16 -
How Trump’s ‘new star’ Elon Musk stands to benefit from his presidency
There are already signs of a return on the Tesla chief’s political investment, and there could be more to come. US elections 2024 – live updates US election results 2024: live map and ...World - The Guardian - November 6 -
Trump says Elon Musk and Vivek Ramaswamy will head a new ‘Department of Government Efficiency’
Trump named tech billionaire Elon Musk and conservative activist Vivek Ramaswamy to head up a new "Department of Government Efficiency," fulfilling a campaign pledge to give Musk sweeping oversight ...Top stories - NBC News - November 13 -
Elon Musk's new 'department' seeks 'super high-IQ' staff for unpaid jobs
Elon Musk and Vivek Ramaswamy’s new commission to slash government spending began soliciting applications for staff jobs Thursday.Top stories - NBC News - November 14 -
Rep. Marjorie Taylor Greene tapped to work with Elon Musk and Vivek Ramaswamy as new DOGE subcommittee chair
Greene's group will share the DOGE acronym with the entity commissioned by President-elect Donald Trump and led by billionaires Elon Musk and Vivek Ramaswamy.Business - CNBC - November 21 -
Why X's new terms of service are driving some users to leave Elon Musk's platform
Elon Musk's X implemented new terms of service that are driving some users off the microblogging platform.Business - CNBC - November 22 -
Elon Musk and a mass petition want a new UK election. Shall we do that – or just stick to democracy? | Marina Hyde
I know many are aggrieved with Starmer and co, but scrapping a government for Elon and a Shropshire publican seems like a stretch. By now you will be aware of the petition demanding another ...World - The Guardian - 4 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 - November 18 -
Trump Family’s Outfits for Election Win Offer a Picture of What Is to Come
Melania, Ivanka, Barron and an extended cast of supporters offer a picture of what is to come.Lifestyle - The New York Times - November 8
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