Elon Musk said yesterday that SpaceX has acquired his artificial-intelligence startup xAI in a record-setting deal that ...

Analysts view this as a strategic 'bailout' for xAI, leveraging SpaceX's profitability and massive valuation - recently pegged at $800 billion - to fuel AI growth. The merger also aligns with Musk's ...

Elon Musk is joining his space exploration and artificial intelligence ventures into a single company before a massive planned initial public offering for the business later this year.

Dow Jones Top Company Headlines at 1 AM ET: Google Is Spending Big to Build a Lead in the AI Energy Race | SpaceX, ... A deal to buy wind and solar developer Intersect is the latest in a series of ...