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 ...

Tech billionaire Elon Musk merged his space company SpaceX with artificial intelligence (AI) developer xAI in a move that may enable the construction of data centres in space. Such centres may become ...

Elon Musk-owned SpaceX, the world’s largest private aerospace company, and artificial intelligence (AI) startup xAI have ...

Google isn’t only creating some of the best AI models out there, but it has a finger in the pies of some of its biggest ...

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

The announcement says Oracle “expects” to raise $45 to $50 billion of gross cash proceeds during the 2026 calendar year alone ...

Under the terms of the deal, investors in xAI will receive 0.1433 shares of SpaceX for every share of xAI they hold. Some xAI ...

The new company's $1.25 trillion valuation is over double that of its nearest private competitor, OpenAI, valued at around $500 billion.

Supply of new euro-denominated bank debt could rise after slowing in the last week of January, ABN Amro strategists said. Banks are likely to raise debt issuance as they exit the earnings blackout ...