xAI is an AI company founded by Elon Musk in 2023 that develops the Grok series of large language models, integrated with the X (formerly Twitter) platform.
SpaceX exercised an option to buy Anysphere, the company behind AI code editor Cursor, for $60 billion in an all-stock deal expected to close in Q3 2026. The acquisition raises concerns about Cursor's…
Anthropic confirmed deprecation timelines for several Claude models, with developers needing to migrate before older 4-series models are retired. xAI's Colossus 2 supercluster in Memphis is now operat…
The US Department of Defense has deployed GenAI.mil, the largest enterprise LLM rollout, scaling from 80,000 to 1.5 million daily users by June 2026. The platform uses multi-model orchestration with G…
SpaceX's historic IPO raised $75 billion, achieving a $2.1 trillion market cap, as Elon Musk merges xAI with SpaceX to build orbital AI data centers, aiming to solve terrestrial energy and cooling con…
SpaceX acquired Anysphere, the company behind AI code editor Cursor, for $60 billion in an all-stock deal, ending Cursor's model-neutral architecture and creating vendor lock-in risks for enterprise t…
Yann LeCun, a prominent AI researcher, criticized Elon Musk's xAI as a 'failure' and warned that AI labs risk causing a 'big bubble explosion.' The remarks were made in a CNBC article that is currentl…
X product executive Nikita Bier offered to match or exceed Meta's snack budget to recruit engineers, targeting 'neglected' Meta employees amid morale issues. The move comes as X's parent company xAI a…
Amazon MGM Studios has dropped the upcoming Sam Altman biopic 'Artificial' months after Amazon invested billions in OpenAI. The film, directed by Luca Guadagnino and starring Andrew Garfield, is being…
Senator Bernie Sanders introduced the American AI Sovereign Wealth Fund Act, which would require AI companies with over $200 million in annual revenue to transfer 50% of their equity to a federal fund…
Senator Bernie Sanders introduced legislation on Thursday that would impose a 50% stock tax on major AI companies like OpenAI, Anthropic, and xAI, giving the American public a half-stake in these firm…
In a head-to-head comparison of four text tasks, xAI's grok-4.3 scored 37.8 against OpenAI's gpt-oss-120b at 34.4, winning on precision in fact-based summarization. The models tied on two coding tasks…
Intrascope.app is building an AI workspace that gives teams centralized control over model access, usage, and costs. The platform supports BYOK and managed usage, allowing companies to manage multiple…
Four AI giants—OpenAI, Anthropic, xAI, and Waymo—raised $188 billion in Q1 2026, accounting for 60% of all venture capital deployed that quarter. The concentration of capital is reshaping early-stage …
A Pentagon court filing confirms xAI's Grok Gov Model was integrated into U.S. targeting systems during Operation Epic Fury in Iran, helping deploy over 2,000 munitions in 96 hours. The admission rais…
The Department of Justice intervened in a Clean Air Act lawsuit against Elon Musk's xAI, arguing that the company's Grok chatbot is vital to national security and should not be hindered by pollution p…
XAI has made Grok 4.3 available on Amazon Bedrock, allowing AWS customers to use the model as a managed service for enterprise reasoning and agentic workflows. The integration, announced June 17, posi…
SpaceX announced a $20 billion bond offering on June 18, 2026, to refinance debt and fund AI infrastructure, following its record $75 billion IPO. The company also disclosed holding 18,712 Bitcoin wor…
SpaceX went public on June 12, 2026, in the largest IPO in history, raising up to $86 billion and achieving a valuation between $1.75 trillion and $2 trillion. Four days later, the company spent $60 b…
SpaceX's bankers are preparing to meet investors as early as next week to discuss a bond offering of at least $20 billion, the first investment-grade dollar bond issuance for Elon Musk's company, whic…
Yann LeCun, a prominent AI researcher, called Elon Musk's xAI a 'failure' in a CNBC interview, citing the departure of nearly all founding members and questioning the company's ability to compete with…