xAI

Elon Musk announced the launch of the XChat messaging app with claimed Bitcoin (CRYPTO: BTC) -style encryption, but cybersecurity experts are challenging the technical accuracy of the platform’s security assertions. What Happened: Musk unveiled XChat on Sunday, promoting the app as built on...

Gerber Kawasaki's CEO and Co-Founder, Ross Gerber, hints that collaborations between Nvidia Corp (NASDAQ:NVDA) and Tesla Inc. (NASDAQ:TSLA) will be a big part of the future of robotics. What Happened: "Nvidia is 🔥- pay attention as the future plays out in front of us. And yes tesla will be...

Billionaire Elon Musk is a self-proclaimed man of many hats, leading several companies with titles like chairman, CEO and founder. A recent Benzinga reader survey revealed which of the companies Musk leads would be the favorite for investors if they had access to all his companies, both public and...

Telegram CEO Pavel Durov revealed a partnership with Elon Musk‘s xAI, which will see the integration of the Grok AI chatbot into the messaging platform. What Happened: Durov disclosed on Wednesday that xAI, a startup by Musk, will pay Telegram $300 million for the integration of its Grok AI...

The week was abuzz with political and business news, with events that could potentially reshape the landscape of American education, economy, and technology. From the Trump administration’s controversial decision to revoke Harvard’s ability to enroll international students to the...

Elon Musk's artificial intelligence chatbot, Grok, is reportedly being quietly used within U.S. government agencies under the direction of his Department of Government Efficiency (DOGE) team. What Happened: The AI tool, developed by Musk's company xAI, is being used to analyze federal data, prepare...

Elon Musk recently emphasized that Colossus 2 will be the first Gigawatt artificial intelligence training supercluster, highlighting xAI's growing infrastructure ambitions as he reshared a post detailing the deployment of 168 Tesla Inc. (NASDAQ:TSLA) Megapacks to power the new data center. What...

U.S. stock markets ended the day higher, with the S&P 500 logging its fifth straight gain. The Nasdaq led the charge, jumping 4.36% to close at 19,215.46, fueled by a surge in tech stocks. The Dow Jones added around 137 points, or 0.3%, to finish at 42,792.07, while the S&P 500 inched up 0....

Microsoft Corporation (NASDAQ:MSFT) shares are closed Monday up more than 1%. Shares are approaching all-time highs, driven by continued momentum in artificial intelligence, as well as cost-cutting measures. What To Know: Microsoft shares closed Monday’s session at $458.87, less than $10...

Artificial intelligence has captured the imagination of virtually every company in the tech world as the technology rapidly becomes more powerful. Perplexity, an AI startup and a potential threat to Alphabet Inc‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, was valued at $14 billion in its latest...

Ark Invest CEO and Founder Cathie Wood is no stranger to loving companies that are founded and/or run by Elon Musk, with her early bets on Tesla, SpaceX and others. The Ark Venture Fund, which offers access to private companies, added to its stake in a Musk company during the first quarter. This is...

Elon Musk's xAI is under fire in Memphis for deploying several methane gas turbines allegedly without permits at its supercomputer site. With growing public concern about air pollution and a lack of transparency about the operations, a crucial health department hearing is set to take place this...

Geoffrey Hinton, known as the “Godfather of AI,” has joined a growing chorus of experts and former employees urging regulators to block OpenAI's controversial restructuring plans. What Happened: On Monday, Hinton took to X, formerly Twitter, expressing support for efforts to halt OpenAI...

Editor’s Note: This story has been updated to reflect the accurate combined valuation of X and xAI. Elon Musk’s artificial intelligence startup xAI has acquired his social media company X, formerly Twitter, in an all-stock deal valued at $33 billion. What Happened: On Friday, Musk...

Billionaire Elon Musk paid $44 billion to acquire social media platform Twitter, which he later rebranded to X. The valuation of the platform has declined sharply since the 2022 purchase with Fidelity marking the value down by 72% as of December. A new report shows a secondary deal for the company...