Nvidia discloses $21B stake in SpaceX
Nvidia disclosed in an SEC filing on Friday that it owns nearly 123 million shares in SpaceX, worth nearly $21 billion at the end of June, now valued at $17 billion after a share decline since SpaceX'…
Elon Musk is a technology entrepreneur and co-founder of OpenAI (2015, left the board in 2018) who later founded xAI in 2023. He also owns X (formerly Twitter) and leads Tesla and SpaceX.
Nvidia disclosed in an SEC filing on Friday that it owns nearly 123 million shares in SpaceX, worth nearly $21 billion at the end of June, now valued at $17 billion after a share decline since SpaceX'…
SpaceXAI, Elon Musk's AI company formerly known as xAI, closed a $60 billion all-stock deal for Anysphere, the maker of the Cursor coding agent, on August 14, marking the largest startup acquisition o…
The top 1% of US companies now spend a median of $7,400 (roughly Rs 7 lakh) per employee on AI, up from $2,590 (roughly Rs 2.47 lakh) in January, according to Ramp's AI Index. Anthropic leads the US A…
Geoffrey Hinton, the British computer scientist known as the 'Godfather of AI,' warned that Big Tech is investing roughly a trillion dollars in AI systems designed to 'do the work of workers much chea…
Oracle Corp. co-founder Larry Ellison's fortune dropped by about $125 billion from its June 2026 peak after Oracle shares fell, ranking him eighth-richest in the world, as the company's AI infrastruct…
Nvidia disclosed in an August 14 regulatory filing that it owned 122.76 million class A shares of SpaceX worth close to $21 billion at the end of June, making the rocket company its second-largest rep…
A CNBC and Generation Lab study of 18- to 34-year-olds found that a majority distrust nine major AI industry leaders, with Palantir CEO Alex Karp facing the highest distrust at 81%, followed by Palant…
Elon Musk and Sam Altman have claimed that humanity has reached the AI singularity, but scientists and philosophers say there is no agreed-upon definition or test to confirm such an event. The concept…
A CNBC Generation Labs survey of over 1,000 US adults aged 18 to 34 found that 81% do not trust Palantir CEO Alex Karp to act responsibly on AI, the lowest among nine tech executives, while Microsoft …
Geoffrey Hinton, the British computer scientist known as the 'Godfather of AI,' said in a November 2025 discussion with Sen. Bernie Sanders at Georgetown University that massive unemployment caused by…
A Wyoming woman, identified as Jane Doe 4, has joined a federal class-action lawsuit against Elon Musk's artificial-intelligence company, alleging her stepfather used its Grok chatbot to turn a single…
SpaceX closed its $60 billion acquisition of Anysphere, the company behind Cursor, on August 14, marking the largest acquisition of a VC-backed startup ever and the largest deal in AI developer toolin…
Porsche plans to end production of its Taycan electric sedan by 2030, according to Germany's WirtschaftsWoche, citing company sources. Global Taycan deliveries fell from about 41,000 units in 2023 to …
A former xAI engineer, Devon Kim, is suing xAI and SpaceX for wrongful termination, alleging he was fired after repeatedly warning leadership about Grok's safety risks, including potential discriminat…
Former xAI engineer Devon Kim filed a wrongful termination lawsuit in California state court alleging he was fired in September 2024, just before he was scheduled to present AI safety concerns about G…
BIAttle, a real-time debate arena where Google's Gemini and Groq AI models compete, has launched, allowing users to enter topics and moderate live arguments. The platform requires users to provide the…
A woman identified as Jane Doe 4 has joined a lawsuit against Elon Musk's xAI, alleging that her stepfather used the company's Grok chatbot to transform a childhood photo of her into more than 7,000 e…
SpaceX has officially closed its acquisition of AI coding startup Cursor, a deal first announced in April with an option to buy for $60 billion. Cursor will gain access to SpaceX's GPU fleet, which th…
NVIDIA Corp. disclosed a $21 billion stake in Elon Musk's SpaceX as of June 30, making it the sixth-largest investor in the rocket manufacturer, according to a Securities and Exchange Commission filin…
Elon Musk's SpaceXAI (formerly xAI) released Grok 4.6, its latest flagship AI model for enterprise workflows, priced at $2 per million input tokens and $6 per million output tokens, less than half of …