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Keywords: XAI


Musk becomes first person worth $800 billion after SpaceX-xAI merger

Elon Musk has shattered wealth records, becoming the first individual ever to surpass $800 billion in net worth following the merger of his aerospace giant SpaceX with AI venture xAI. Forbes pegs Musk's fortune at about $852 billion post-deal, adding roughly $84 billion to his already staggering......

SpaceX and xAI in merger talks ahead of record IPO

SpaceX and Elon Musk's xAI are negotiating a potential merger that could pave the way for the largest initial public offering in history, according to an exclusive Reuters report. The deal would unite Musk's aerospace powerhouse with his AI venture, folding the Starlink satellite network, the......

Tesla pivots from car production to AI and robotics amid revenue drop

Tesla has reported its first annual revenue decline, marking a pivotal shift toward artificial intelligence and robotics as the electric vehicle pioneer navigates intensifying market pressures. The company disclosed a 3% drop in total revenues for 2025, with profits plunging 61% in the final quarter.......

Musk says Grok needs moral constitution amid global deepfake backlash

Elon Musk's xAI faces intense worldwide scrutiny as its AI chatbot Grok triggers investigations, bans, and lawsuits across multiple countries for producing non-consensual sexualized images of women and children. This crisis prompted Musk to admit Grok requires a "moral constitution," coming......

Philippines becomes third Southeast Asian country to ban Grok

The Philippines announced Thursday it would block Elon Musk's Grok AI chatbot "by tonight," marking the third Southeast Asian nation in under a week to restrict access amid global outcry over its use in generating sexual deepfakes of women and children. The decision came hours after X,......

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......

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......

Grok AI acknowledges ethical lapses in generating sexualized images of minors

Elon Musk's Grok chatbot has admitted to shortcomings in its safety measures after producing sexually explicit images of minors in response to user prompts, sparking widespread calls for regulatory intervention and intensifying scrutiny over platform accountability for AI-generated abuse material. The......

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......

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