Elon Musk has outlined plans for a new semiconductor manufacturing facility in Austin, Texas, as part of a broader effort to secure chip supply for Tesla, SpaceX, and xAI. The proposed project, called Terafab, would […]
Tesla has received regulatory approval to convert its investment in Elon Musk’s artificial intelligence company xAI into a small ownership stake in SpaceX, according to newly released filings with the U.S. Federal Trade Commission (FTC). […]
Elon Musk has confirmed a major internal restructuring at his artificial intelligence company xAI, just days after multiple co-founders announced their departures and following the company’s merger with SpaceX. In a post shared on X […]
Elon Musk’s artificial intelligence company xAI has lost two of its co-founders in quick succession, with Tony Wu and Jimmy Ba both announcing their departures within a span of two days. Their exits add to […]
SpaceX has confirmed that it has merged with artificial intelligence company xAI, bringing together two of Elon Musk’s biggest companies. In a statement posted to the SpaceX website, that was first shared internally with employees […]
Elon Musk is reportedly weighing a major consolidation of his business empire, with new reports indicating SpaceX has held internal discussions about a potential merger with either Tesla or Musk’s artificial intelligence startup xAI. According […]
Tesla has confirmed a $2 billion investment in xAI, Elon Musk’s artificial intelligence (AI) startup. The move comes months after Tesla shareholders voted against a proposal that would have authorized a potential investment of up […]
Tesla shareholders have voted against a proposal that would have authorized the company to invest in Elon Musk’s artificial intelligence (AI) startup, xAI. While the proposal received over 1.06 billion votes in favour—more than those […]
Tesla has stated that shareholders will vote on whether to invest in xAI at the next annual meeting, as interest in the AI startup continues to grow. The automaker posted on X that multiple shareholders […]
Elon Musk has made it clear that Tesla will not merge with his artificial intelligence startup, xAI. However, Musk says Tesla shareholders will soon have the chance to vote on whether the automaker should invest […]
