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Keywords: Elon Musk


xAI reports $1.46 billion quarterly loss amid rapid expansion

Elon Musk's artificial intelligence startup xAI posted a net loss of $1.46 billion in the third quarter of 2025, according to internal documents reviewed by Bloomberg. This marks a sharp rise from the $1 billion deficit in the first quarter, as the company burns through cash to erect massive data......

Nvidia CEO praises Tesla FSD while unveiling rival platform

Nvidia CEO Jensen Huang described Tesla's Full Self-Driving system as "world-class" and cutting-edge during a CES 2026 Q&A session Tuesday, even as his company launched a competing autonomous driving platform that sent Tesla shares tumbling. Huang's praise came a day after Nvidia......

Grok issues apology after serious content moderation failure

Grok, the artificial intelligence tool developed by Elon Musk’s company xAI, has issued a public apology following a major controversy linked to the circulation of illegal content generated by its image system. The incident sparked widespread criticism and renewed concerns over the safeguards used......

Tesla's ex-AI head says Waymo can't match coast-to-coast self-driving feat

Andrej Karpathy, former head of AI at Tesla, stated on December 31 that Waymo lacks the capability to replicate Tesla's recent milestone of a fully autonomous drive across the United States. He highlighted fundamental technological differences between the two companies' approaches to self-driving......

Elon Musk's xAI secures $15 billion, targets rapid AI infrastructure expansion

Elon Musk’s artificial intelligence company, xAI, is on the verge of securing $15 billion in new equity financing, valuing the firm at approximately $230 billion. This move would more than double its valuation since March, when it stood at $113 billion following its merger with Musk’s social......

Elon Musk urges Bill Gates to close long-held Tesla short position soon

Elon Musk, CEO of Tesla, has publicly urged Microsoft co-founder Bill Gates to close out a prolonged short position he has held against Tesla's stock for nearly eight years. Musk described Gates’ bet as “crazy” and......

Blue Origin advances Mars ambitions with successful New Glenn launch and booster recovery

The New Glenn rocket, developed by Jeff Bezos' aerospace company Blue Origin, successfully completed its second flight on Thursday, marking a significant breakthrough for the company. Launching from Cape Canaveral, Florida, the rocket carried two NASA satellites destined for Mars while achieving......

Tesla Cybertruck chief resigns amid plummeting sales

Siddhant Awasthi, the leader of Tesla’s Cybertruck program since its inception, announced his resignation on Sunday evening, marking another high-profile departure from the electric vehicle giant as the futuristic pickup faces a steep decline in sales. A career shaped at Tesla Awasthi, who joined......

Trump renominates billionaire Jared Isaacman to lead NASA

President Donald Trump has once again nominated Jared Isaacman, billionaire entrepreneur and private astronaut, to serve as the next administrator of NASA, months after withdrawing his original nomination earlier this year. “Jared’s passion for space, astronaut experience,......

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