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Category XAI

Analysts raise alarm of legal loopholes in Musk's $1 trillion Tesla bonus package

Analysts raise alarm of legal loopholes in Musk's $1 trillion Tesla bonus package

Back in September, Tesla’s board rolled out an eye-watering $878 billion compensation package for Elon Musk. They told investors he’d have to hit s...
Elon Musk’s xAI raises $20 billion with $2 billion equity stake from Nvidia

Elon Musk’s xAI raises $20 billion with $2 billion equity stake from Nvidia

Elon Musk’s artificial intelligence startup xAI has raised $20 billion in fresh financing, according to Bloomberg, with $2 billion of that amount c...
Elon Musk appoints former Morgan Stanley banker as CFO for xAI, X

Elon Musk appoints former Morgan Stanley banker as CFO for xAI, X

Elon Musk has picked Anthony Armstrong, a banker who previously worked at Morgan Stanley, to serve as the finance head for his artificial intellige...
Grokipedia by Elon Musk set to debut in two weeks

Grokipedia by Elon Musk set to debut in two weeks

Elon Musk’s xAI will launch Grokipedia, an AI-powered encyclopedia designed to rival Wikipedia, within two weeks.
VCs pour record $192.7B into AI startups in 2025

VCs pour record $192.7B into AI startups in 2025

Venture capital funding for AI startups has surged dramatically this year, and has crossed $190 billion globally year-to-date as of the end of Q3, ...