24/7 Wall St.

Preparing for the AI IPO Boom: OpenAI vs. Anthropic vs. SpaceX-xAI

Whether or not this is the year that some of the biggest AI IPOs hit the public markets, there’s certainly a packed pipeline ...
Marketplace

Bytes: Week in Review - SpaceX and xAI merge, Nvidia and OpenAI's funding relationship and U.S. TikTok's rough start

On this week’s “Marketplace Tech Bytes: Week in Review,” we take a look at Nvidia's changing investment relationship with OpenAI. Plus, a stormy start for the new U.S. version of TikTok. But first, ...

Judge signals Musk's xAI may lose lawsuit accusing Altman's OpenAI of stealing trade secrets

A federal judge signaled she may dismiss a ‍lawsuit by Elon Musk's ‍startup xAI ‍accusing Sam Altman's rival OpenAI of ...
Courthouse News Service

Judge skeptical of xAI claims that OpenAI stole trade secrets

Elon Musk’s xAI argues OpenAI hired former employees to obtain Grok source code and other confidential information.

OpenAI’s Sam Altman says his highly disciplined daily routine has ‘fallen to crap’—and now unwinds on weekends at a ranch with no cell phone service

The new father is working out how to balance business and the “significantly underhyped” experience of raising a child.

Musk's xAI, SpaceX combo is the biggest merger of all time, valued at $1.25 trillion

The record-setting transaction is the largest merger of all time and values SpaceX at $1 trillion and xAI at $250 billion, ...
Electrek

SpaceX bails out xAI in mega-deal — here’s what it means for Tesla

SpaceX announced today that it has acquired xAI, Elon Musk’s AI company, in a deal that creates a combined entity reportedly ...