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's stock has lost all its post-IPO gains, trading over 7% lower after hours, as investor concerns about AI spending weigh on the company. The company's quarterly results showed strong revenue an…
Space Exploration Technologies Corp (SpaceX) reported Q2 2026 revenue of $7.81 billion, a 92% year-over-year increase and 12.7% above London Stock Exchange Group (LSEG) consensus estimates of $6.93 bi…
At the Stanford AI Summit, OpenAI Chief People Officer Arvind KC found that nearly all attendees said AI made them more productive, but few were working less. Developer platform Kilo introduced 'Token…
SpaceX reported April-June revenue of US$7.8 billion, nearly double the US$4.1 billion a year earlier, and narrowed operating losses to US$143 million from US$970 million, in its first earnings report…
SpaceX has spent $329 million on Tesla Megapacks so far this year, including $295 million in the second quarter, according to its earnings report released Tuesday. The batteries are likely deployed at…
SpaceX reported quarterly capital expenditures of $15.8 billion for its xAI unit, which runs the Grok AI service, exceeding analyst expectations of $13.09 billion and nearly doubling from the prior qu…
SpaceX reported a 92% surge in revenue to $7.8 billion for the April-June quarter, beating analyst expectations of $6.93 billion, in its first earnings release since going public. The company posted a…
SpaceX reported $7.8 billion in Q2 2026 revenue, a 92% jump from Q1's $4.7 billion, beating analyst estimates of $6.8–6.9 billion, driven by Starlink and its AI segment from the xAI merger. The compan…
Apple Inc. filed a 41-page lawsuit in Northern California federal court on July 10, accusing OpenAI of orchestrating a systematic effort to steal trade secrets related to hardware designs and manufact…
Tesla's Q2 2026 earnings call on July 22 showcased CEO Elon Musk's pivot toward AI and robotics, with Musk declaring the Optimus humanoid robot could be 'the biggest product ever' for the company. Tes…
Free cash flow at the five leading AI companies, including Google, Meta, and Oracle, is projected to plunge to negative $125 billion in 2027, according to data from S&P Global Market Intelligence, as …
Prince Harry and Meghan Markle criticized Elon Musk's xAI for challenging a Minnesota law that regulates AI-generated non-consensual explicit images, saying technology companies should prioritize safe…
San Francisco poet Tucker Bryant launched ChatTJB.org, a website that mimics AI chatbots but is actually powered by Bryant himself, who answers over 1,000 queries daily. The project, which went viral …
OpenAI leads an informal scoreboard tracking AI-solved math problems with 234 attributed to its GPT and Codex models, while Anthropic's Claude follows at 57, according to the Vibe Mathed tracker. The …
President Trump signed an executive order on December 11, 2025, directing the Department of Justice to challenge state AI laws, and Attorney General Pam Bondi established the AI Litigation Task Force …
OpenAI has publicly rebutted Apple's trade secrets lawsuit, calling the allegations 'careless, aggressive and oddly personal' in a blog post on August 3, 2026. Apple filed the lawsuit on July 10, 2026…
SpaceX reported a first-quarter net loss of $4.3 billion, after losing $4.9 billion in 2025, with capital expenditures of $10.1 billion, including $7.7 billion for AI infrastructure following its acqu…
AI startups captured 81% of the record $297 billion in global venture capital deployed in Q1 2026, according to PitchBook and OECD data, leaving smaller funds, including crypto-focused VCs, competing …
A new report by The Economist analyzing 55,940 sentences and 1.2 million words finds that em-dashes are no longer a reliable sign of AI-generated writing, as only Anthropic's Claude uses them more oft…
Prince Harry and Duchess Meghan issued a statement praising Minnesota's new law banning AI 'nudification' technology, which passed the state Senate 65-0, and criticized Elon Musk's xAI for suing to bl…