Search results for XAI
Finance
U.S. Pentagon AI deputy who led Anthropic exclusion sells Perplexity and xAI stakes
Emil Michael, the U.S. Defense Department’s deputy undersecretary for research and engineering and chief technology officer, sold a stake in AI search startup Perplexity in June for $5 million to $25 million, according to reports citing disclosures. The sales followed earlier disposals of xAI and Brex stakes. The timing has drawn scrutiny because Michael played a key public role in the Pentagon process targeting Anthropic, while Perplexity and xAI compete for U.S. government AI contracts.
AI & Enterprise
SpaceX replaces AI data centre head amid staff exits and outages, pushing to stabilise operations
SpaceX has put Starlink executive Michael Nichols in charge of AI data centre operations, as key staff continue to leave and some facility outages have disrupted AI model training. The company has promoted fast buildouts and lower costs, but reliance on temporary equipment and below-target uptime has drawn scrutiny. SpaceX is shifting staff internally and hiring to fill gaps while pursuing capacity goals and supporting major compute customers such as Google and Anthropic.
AI & Enterprise
Musk says SpaceX to cast key gas turbine parts to ease AI power bottlenecks
Elon Musk says SpaceX will directly cast key gas turbine components to reduce power-supply bottlenecks for AI infrastructure. A secret foundry in Bastrop, Texas is known as a facility to make turbine blades and vanes. Musk says solar capacity is being built rapidly at SpaceX and Tesla, but natural gas will be needed for several years. The move comes as data centres face constraints from power grids and turbine supply limits, amid rising concerns over air pollution and health impacts.
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AI & Enterprise
OpenAI ends ties with Cursor, stops supplying AI models
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Industry
Elon Musk bets 100 billion dollars on Louisiana as SpaceX builds giant Starbase
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Crypto
X considers stablecoins for creator payments, possible use of USDC
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AI & Enterprise
Trump says AI could be bigger than the internet, highlights datacentre expansion to compete with China
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AI & Enterprise
OpenAI rolls out teen ChatGPT for 13 to 17-year-olds, says it can detect fake birthdates
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Industry
Musk pay is 2,522,203 times Tesla worker average as profit halves
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AI & Enterprise
How far will Nvidia reach into the AI ecosystem, from funding to chip sales
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Crypto
SpaceX revenue jumps 92 percent but keeps bitcoin holdings unchanged as growth comes from elsewhere
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Industry
SpaceX spends $329 million on Tesla Megapacks in 2026, aimed at xAI power demand?
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Industry
SpaceX loses over $500 billion in market value a month after IPO ahead of first earnings
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Industry
SpaceX to delay removal of unpermitted xAI gas turbines, operate until July 2027
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Mobility
Tesla China business spin-off rumours spread; Musk says \'never discussed\'
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AI & Enterprise
Musk says overlap between Tesla and SpaceX is growing, mentions merger possibility
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AI & Enterprise
Super Micro shares jump 15 percent on $60 billion in new AI server orders, margin upgrade
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Industry
SpaceX lock-up expiry could release 911.5 million shares ahead of first earnings