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Fidelity marks up value of its stake in Elon Musk's X
Elon Musk’s xAI Just Doubled Its Valuation to $50B—Who Are the Biggest Winners?
Several backers of Elon Musk’s $44 billion acquisition of X are now set to receive a windfall from their investments in xAI.
Fidelity just boosted the value of its stake in Elon Musk's xAI by 70%
Financial giant Fidelity bumped up the valuation of two Elon Musk-owned companies, social media platform X and AI startup xAI in October.
Fidelity boosts valuations of its stakes in Elon Musk’s X and xAI startup, report says
October saw a 32.37% jump in X's valuation, marking the biggest monthly increase since Fidelity helped Musk buy Twitter for $44 billion in 2022, Axios said.
1d
on MSN
Critics said Musk 'overpaid' for Twitter. Thanks to Trump and xAI, it could actually be a steal.
Some panned the billionaire for overspending on Twitter, but the platform is winning him favor with Donald Trump and ...
6d
on MSN
xAI could soon have its own app
Musk created xAI as an alternative to OpenAI, the company he helped found but later distanced himself from over ideological ...
6d
Report: xAI developing new consumer chatbot and AI model
According to the Journal, xAI will raise more funding next year to support its growth efforts. The company has received at ...
6d
on MSN
xAI is reportedly launching a ChatGPT-like app for consumers, deepening Elon Musk's rivalry with Sam Altman
Elon Musk's xAI could reportedly launch an app to challenge OpenAI's ChatGPT as soon as December, deepening his rivalry with ...
1d
on MSN
XAI Octagon Floating Rate & Alternative Income Trust declares $0.077 dividend
XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) declares $0.077/share monthly dividend, in line with previous. Forward yield 12.92% Payable Dec. 30; for shareholders of record Dec. 16 ...
1d
on MSN
Intel Corporation (INTC) CEO Pat Gelsinger Praises Elon Musk’s xAI for Rapid Development of Memphis Supercluster Using Intel Xeon Processors
In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against the other trending AI ...
2d
on MSN
Elon Musk Vs Sam Altman: xAI Boss Files For injunction To Block OpenAI From Transitioning Into For-Profit Organisation
The motion for an injunction accuses OpenAI, its CEO Sam Altman, President Greg Brockman, Microsoft, LinkedIn co-founder and ...
4d
on MSN
Elon Musk Spent 18 Hours Reviewing 5-Minute Presentations From xAI Team Member On Grok Improvements
Elon Musk has once again demonstrated his hands-on approach to leadership, dedicating 18 hours to personally reviewing ...
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