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xai
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riotimesonline.comscience4 days ago
SpaceX Attracts $89 Billion Demand for First U.S. Bond Sale
The company plans to raise $20 billion to $25 billion in a five-tranche offering priced today. Proceeds will refinance a bridge loan used to retire high-interest debt from X and xAI.
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teslarati.comai5 days ago
Reflection AI to pay SpaceXAI $150 million monthly for Nvidia chips through 2029
Reflection AI will pay SpaceXAI $150 million per month starting July 1, 2026, for access to Nvidia GB300 chips at the Colossus 2 data center. The contract runs through 2029 and totals up to $6.3 billion.
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techcentral.co.zascience8 days ago
SpaceX Completes IPO After February 2026 xAI Merger, Adds Board Members for Public Investors
The February 2026 all-stock merger combined SpaceX and xAI before the company went public. Several longtime SpaceX executives now oversee xAI operations as well.
techcentral.co.zafinance9 days ago
SpaceX bankers prepare US$20 billion bond offering for AI expansion
Bankers for SpaceX are preparing to meet investors next week to discuss a potential US$20 billion bond offering. The proceeds would refinance a bridging loan taken earlier this year after the company acquired xAI.
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ai9 days ago
Yann LeCun Calls xAI 'Kind of a Failure' on CNBC
The former Meta chief AI scientist said Elon Musk's AI company cannot compete at the frontier and faces hiring difficulties after cofounder exits.
Semaforai10 days ago
SpaceX acquires AI coding tool Cursor
SpaceX has acquired the AI-powered coding assistant Cursor. The deal follows xAI's purchase of the tool's parent company Anysphere earlier this year.
citizen.co.zaai10 days ago
Pentagon Confirms Grok AI Supported Target Selection in Iran Strikes
The Grok Gov Model supported targeting, intelligence and other military functions during Operation Epic Fury. The Justice Department cited national-security needs in opposing a lawsuit over xAI data-center turbines.
The Independentai11 days ago
Pentagon used xAI Grok model in Iran strikes, filing says
A Pentagon official stated that the Grok chatbot supported targeting for more than 2,000 munitions during recent operations in Iran. The statement was filed in a Mississippi court case involving xAI data center permits.
benzinga.comtechnology12 days ago
Justice Department and Mississippi Move to Dismiss NAACP Lawsuit Against xAI Over Data-Center Turbines
The U.S. Department of Justice and Mississippi filed a motion to dismiss the NAACP lawsuit over xAI’s South Memphis data center. The filing cites the company’s role in classified military operations.
TechCrunchai12 days ago
Tech Firms Pledge to Fund AI Power Needs After White House Meeting, With New Plants Years Away
Microsoft, Google, Amazon, Meta, OpenAI, Oracle and xAI signed commitments in March 2026 to cover electricity and grid costs for their AI operations. Bitzero already controls more than one gigawatt of low-cost power secured years earlier.
Washington Examinerai12 days ago
Court Dismisses xAI Trade-Secret Lawsuit Against OpenAI
Judge Rita Lin dismissed the case with prejudice on Monday, ruling that xAI failed to show OpenAI obtained confidential information from a former xAI engineer. The suit had been filed in September.
Fortunescience14 days ago
SpaceX Merges with xAI and Goes Public at $2.1 Trillion Valuation
SpaceX completed its merger with xAI earlier this year and debuted on public markets Friday. The company closed at just under $161 per share, giving it a market value of $2.1 trillion.
foxbusiness.comscience15 days ago
SpaceX Raises $75 Billion in IPO, Making Elon Musk a Trillionaire and Acquiring xAI
The offering also turned longtime CFO Bret Johnsen into a billionaire with a stake exceeding $1.4 billion. SpaceX generated $18.7 billion in revenue last year.
Cnbcfinance15 days ago
McClain Family Holds xAI Stake Worth $150,000
Rep. Lisa McClain's husband bought between $100,001 and $250,000 of xAI stock on December 15. The stake converted to SpaceX shares when xAI was folded into the company in February.
Wiredpolitics10 days ago
Protest Targets SpaceX IPO Over xAI Image Generation Concerns
Demonstrators gathered outside Nasdaq and JP Morgan offices ahead of SpaceX’s Friday public debut, citing ongoing lawsuits and regulatory scrutiny of xAI.
nbcnews.comai16 days ago
Canada Privacy Commissioner Finds xAI Violated Law With Grok Image Tool
The regulator said xAI launched the Grok image generator without safeguards. The company later restricted edits of real people in revealing clothing.
The Independentai17 days ago
Pi Launches AI Cybersecurity Startup at $100M Valuation After Raising $35M, Counts xAI Among Early Customers
Pi emerged from stealth on June 10, 2026, valued at $100 million after raising $35 million. The AI agent is already used by xAI and Navan to identify and fix security vulnerabilities.
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techcentral.co.zaworld17 days ago
Lawsuit filed against xAI and SpaceX over data center power plant noise
Residents near a Memphis data center filed a lawsuit claiming noise from an associated power plant is constant and disruptive. The suit names xAI and SpaceX as defendants and seeks unspecified damages.
TechCrunchai16 days ago
Engineer Sues xAI and SpaceX After Termination Ahead of IPO
Devin Kim filed suit Tuesday in California state court alleging he was dismissed after raising safety concerns about Grok days before SpaceX’s planned IPO. He seeks compensatory and punitive damages plus a declaratory judgment.
world18 days ago
Residents sue xAI and SpaceX over power plant noise in Mississippi
Three residents filed a class action lawsuit in federal court on Tuesday alleging that a gas-fired power plant supplying xAI data centres produces constant noise that has caused emotional distress and lowered property values. The suit seeks damages and an unspecified share of pro…
pymnts.comai18 days ago
Gulf Funds Invest in xAI, SpaceX, Anthropic and OpenAI
Saudi Arabia's PIF and UAE entities have placed billions into U.S. AI companies. The investments coincide with planned public listings for SpaceX, Anthropic and OpenAI.
The Independentai21 days ago
Labour MP Jess Asato Launches High Court Lawsuit Against xAI Seeking Damages and New AI Liability Precedent
Jess Asato, MP for Lowestoft, seeks damages and a precedent on AI liability after alleging Grok created non-consensual images of her. More than 100 campaigners back the action.
teslarati.comai21 days ago
SpaceX Plans Record $75B IPO Following Controversial xAI Merger That Created $1.25T Company With Billions in Combined Losses
@ABC reported that SpaceX plans to raise up to $75 billion this month, the largest IPO on record, following its February merger with xAI.
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Substrate placeholder — needs reviewai23 days ago
MP Jess Asato Sues xAI After Grok Generated Bikini Images of Her
Jess Asato alleges Grok generated fake bikini images of her without consent. She seeks damages and aims to establish liability for AI system design.
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bbc.co.ukpolitics23 days ago
Lowestoft MP Jess Asato Launches High Court Claim Against xAI Over Grok-Generated Images
Jess Asato seeks damages and aims to establish liability for AI system design after Grok produced non-consensual images of her. Prime Minister Sir Keir Starmer expressed support for the legal action.
New York Postai23 days ago
UK MP Prompted Grok to Generate Revealing Images of Herself, Then Sued xAI
A U.K. legislator filed suit against xAI alleging the Grok chatbot created non-consensual fake images of her in a bikini. The claim seeks damages and aims to establish liability for AI system design.
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New York Postai24 days ago
MP Jess Asato Sues xAI Over Deepfake Images Generated by Grok Users
Suffolk MP Jess Asato filed suit in England's High Court alleging Grok created non-consensual sexualized images of her. The claim seeks damages and an order halting further violations of data protection law.
New York Postai24 days ago
British Lawmaker Sues xAI After Grok Generated Deepfake Sexual Assault Images of Her
A member of the U.K. Labour Party filed suit against xAI, alleging the Grok platform generated non-consensual sexualized images of her. The claim seeks damages, an admission of illegality, and an order to halt further violations.
claimsjournal.comai24 days ago
Labour MP Jess Asato Announces Legal Claim Against xAI Over User-Generated Grok Images
Jess Asato, a Labour MP, said she is filing a legal claim against Elon Musk's AI company xAI after users created sexualised images of her using the Grok system.
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flipboard.comai24 days ago
Labour MP files lawsuit against xAI over AI-generated images
A member of Parliament submitted a claim in London high court alleging that xAI's Grok tool created non-consensual sexualised images of her. The case seeks to test liability rules for AI developers.
Techcrunchtechnology24 days ago
AethexAI Raises $3M Pre-Seed for Small Voice Models Targeting Africa and Middle East Despite Regional Latency Challenges
AethexAI, founded in 2025, raised $3 million led by 4DX Ventures. The startup built its own small models to handle local dialects and reduce latency in the region.
Benzingaai25 days ago
Sanders Proposes Forcing OpenAI, Anthropic and xAI to Give Federal Government 50% Equity, Board Seats and Veto Power
Sen. Bernie Sanders introduced the American AI Sovereign Wealth Fund Act on Monday to transfer 50% equity from major AI firms to a government fund. Revenue would be paid directly to Americans.
Washington Examinerpolitics26 days ago
Sanders Proposes Sovereign Wealth Fund Financed by One-Time Stock Tax on Major AI Companies
Sen. Bernie Sanders outlined a plan for a sovereign wealth fund financed by a one-time 50% tax paid in stock from companies including OpenAI, Anthropic, and xAI. The proposal appeared in a New York Times op-ed published Monday morning.
manilatimes.networld30 days ago
Rescuers in Laos Drain Flooded Cave to Free Five Trapped Villagers
Teams from Laos and Thailand are pumping water from a cave in Xaisomboun province where five men have been trapped since mid-May. Search efforts continue for two additional missing villagers.
techcentral.co.zaai32 days ago
Elon Musk Comments on xAI Progress and Potential Cursor Acquisition
Elon Musk stated that xAI, which is three years old, will produce strong results over time. He also said acquiring Cursor would provide a significant boost to the company.
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news.sky.comai33 days ago
xAI Releases Grok Build Beta to SuperGrok and X Premium+ Users
xAI stated that a new Grok build entered beta testing today. Access is limited to SuperGrok and X Premium+ subscribers. No further rollout details were provided.
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slashgear.comtechnology35 days ago
SpaceX Filing Shows xAI Data Centers Powered by Natural Gas Turbines
SpaceX's IPO filing describes xAI data centers running on dozens of natural gas turbines and plans to purchase $2.8 billion more. The filing also outlines SpaceX plans for orbital data centers powered by space-based solar arrays.
manilatimes.netai36 days ago
Harbor Funds Files for Five Actively Managed ETFs Tied to AI Labs
Harbor Funds has filed paperwork for five actively managed ETFs that track companies around major artificial intelligence developers. The filings name ecosystems linked to Anthropic, Google DeepMind, Meta, OpenAI, and xAI/SpaceXAI.
Semaforfinance37 days ago
SpaceX Files for IPO as Congresswoman Holds Stake from Prior xAI Investment
SpaceX filed to go public in a move that could affect investors including Rep. Lisa McClain. The filing follows the February 2026 merger of xAI into SpaceX.
Semaforfinance37 days ago
SpaceX Files for Record IPO at $1.75 Trillion Valuation
SpaceX filed for an initial public offering that could raise about $80 billion, the largest in history. The filing disclosed revenue growth alongside a net loss tied to its merger with xAI.
Wiredfinance37 days ago
SpaceX Files for IPO, Discloses X User Numbers and Grok AI Risks
SpaceX submitted an IPO filing that reported X has 550 million monthly active users and detailed financial results for its xAI unit. The filing also outlined potential legal and reputational risks tied to Grok's less-restricted modes.
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prnewswire.comai38 days ago
SpaceXAI Opens Corporate Headquarters in Palo Alto
SpaceXAI has established its corporate headquarters in Palo Alto, California. The facility houses the company's advanced AI research, development, and engineering teams.
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techjuice.pkai38 days ago
Anthropic to Pay xAI $1.25 Billion Monthly for Compute Through 2029
Anthropic agreed to pay xAI $1.25 billion per month through May 2029 for access to the Colossus 1 data center. The deal includes a discounted rate for the first two months while capacity ramps up.
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The Timesfinance42 days ago
SpaceX Prepares for IPO Valued at Up to $2 Trillion
SpaceX plans to file paperwork next week for an initial public offering on June 12 under the ticker SPCX. The company, which merged with xAI and operates Starlink, reported $18.5 billion in sales and a $5 billion loss last year. Founded 24 years ago, SpaceX controls 80 percent of…
winnipegfreepress.comai44 days ago
Justice Department Signals Support for xAI in Mississippi Power Plant Lawsuit
The administration filed a court document indicating it may weigh in on a lawsuit challenging xAI's use of natural gas generators at a large data center in Mississippi. The filing supports the artificial intelligence company amid questions over whether the generators constitute a…
prnewswire.comtechnology44 days ago
Over 50 Researchers and Engineers Leave xAI Since SpaceX Acquisition and Rebranding
SpaceX acquired xAI in February and renamed the combined company SpaceXAI earlier this month after installing new leadership. The Information reported that departures include key leaders across coding, world models and Grok voice, with the core pre-training team now dwindled to j…
therealdeal.comai45 days ago
Wall Street Firms Test Grok Chatbot for xAI
Multiple Wall Street firms with business ties to Elon Musk have been recruited to test the Grok chatbot developed by his artificial intelligence company. The testing forms part of an effort to increase revenue in advance of an initial public offering for SpaceX. The company repor…
phandroid.comai46 days ago
Meta Tests Threads Feature to Tag Its AI Account for Conversation Context and Answers
The social platform is rolling out the test in five countries on May 12, 2026, but users cannot block the Meta AI account and have reacted with widespread anger. A pinned video demonstrates the tool, which echoes similar tagging of xAI’s Grok on X. Meta says users can manage the…
forbes.comai49 days ago
AI Models Show Mixed Results in Live Trading Competitions, Some Profitable
Bloomberg reported on May 6 that tests of AI models from OpenAI, Anthropic, Google and xAI produced underwhelming results with many losing money. Nof1's Alpha Arena gave eight models $10,000 each to trade U.S. tech stocks over two weeks. Across four competitions only six of 32 ou…
teslarati.comai49 days ago
SpaceX Files Trademark for SpaceXAI AI Division
SpaceX has filed a trademark application for the wordmark SpaceXAI, which will encompass its artificial intelligence products following the dissolution of xAI as a separate entity. The trademark filing details extensive satellite-based data center services, orbital computing infr…
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pymnts.comai51 days ago
Google, Microsoft and xAI to Undergo US Government AI Safety Evaluations for Cyber and Biosecurity Risks
The U.S. Centre for AI Standards and Innovation will test frontier models from Google, Microsoft and xAI before public release. OpenAI provided ChatGPT5.5 to the government ahead of its launch this week under renegotiated agreements first signed in 2024. The move aligns with Pres…
Washington Examinerpolitics51 days ago
French Prosecutors Open Criminal Investigation Into Elon Musk’s X and xAI
Paris authorities escalated a probe begun in 2025 into a formal criminal investigation on May 6, 2026, targeting Elon Musk, Linda Yaccarino, X.AI Holdings Corp, X Corp and X AI. The case centers on alleged distribution of child sexual abuse images, deepfakes, disinformation and d…
Wiredai51 days agoUpdated
Trump Administration Considers Executive Order Requiring Pre-Release Government Review of Advanced AI Models
The proposal would create a review group of tech executives and government officials to examine new AI models before public release. Google, Microsoft, xAI, Anthropic and OpenAI have already agreed to provide early government access. Separately, a former CFPB employee fired after…
teslarati.comai52 days ago
Anthropic to Use xAI Colossus Compute Cluster for Claude Models
Anthropic announced it will begin using xAI's Colossus data center to expand compute capacity for its Claude AI models. The partnership enables higher API rate limits for Claude Opus and addresses previous compute constraints. The company stated it will gain over 300 megawatts of…
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electrek.cotechnology52 days ago
SpaceX Terafab Chip Factory in Texas Estimated to Cost Up to $119 Billion
Filings show the first phase of the semiconductor manufacturing facility in Grimes County would cost $55 billion, with the full project potentially reaching $119 billion. The multi-phase plant is intended to produce chips for multiple companies including Tesla, SpaceX and xAI, wi…
qz.comai52 days ago
SpaceX Files Plans for $55 Billion Chipmaking Facility in Texas
The company filed plans for a semiconductor manufacturing site known as Terafab that aims to produce more than one terawatt of AI compute capacity per year. The project, developed by SpaceX, Tesla, and xAI, would be located in Grimes County, Texas. Local officials are scheduled t…
New York Posttechnology52 days ago
Alphabet, Microsoft and xAI to Give US Government Early Access to Advanced AI Models
The companies will submit advanced models to the Commerce Department's Center for AI Standards and Innovation for evaluations on national security, cybersecurity and biosecurity risks. The voluntary pacts expand earlier agreements reached under the Biden administration and incorp…
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New York Postworld53 days ago
US Government to Test New AI Models From Google, Microsoft and xAI Before Release
The US Department of Commerce announced agreements with Google, Microsoft and xAI to test new AI models for capabilities and security risks before public release. The pacts expand on prior arrangements with OpenAI and Anthropic, with evaluations focusing on national security, cyb…
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msnbc.comfinance53 days ago
Elon Musk Testifies in Lawsuit Against OpenAI Cofounders Over Company Restructuring
A trial is underway in Oakland, California, where Elon Musk is suing OpenAI cofounders Sam Altman and Greg Brockman over allegations of violating a charitable trust and unjust enrichment. Testimony included Musk's admission that his company xAI trained its model using OpenAI's GP…
techcentral.co.zaai52 days ago
Elon Musk Announces xAI Integration Into SpaceX
Elon Musk announced that xAI will cease to exist as a separate company and be integrated as SpacexAI. The move comes as Musk’s artificial intelligence company halted construction of a water reuse facility intended to ease pressure on the Memphis-area water supply. Many investors…
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