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Wednesday 4 February 2026
Analysis: The Musk consolidation — AI, autos, space under one roof
In recent weeks, rumors of a potential consolidation involving SpaceX, Tesla, and xAI have sharpened attention on what Elon Musk calls "physical AI." What once appeared as separate...
Tuesday 3 February 2026
SpaceX's xAI acquisition reframes AI energy constraints and complicates the IPO narrative
SpaceX's acquisition of xAI has been presented as a response to the growing power and cooling demands of artificial intelligence. At the same time, the transaction reshapes Elon Musk's...
Tuesday 3 February 2026
Oracle plans US$50 billion fundraising in 2026, reportedly considering layoffs and asset sales
Oracle announced plans to raise US$45-50 billion in 2026 to expand its cloud infrastructure, aiming to meet demand from major customers including OpenAI, AMD, Meta, Nvidia, TikTok,...
Monday 2 February 2026
SpaceX weighs merger with Tesla or xAI ahead of planned IPO
SpaceX is in discussions to merge with other companies controlled by Elon Musk, including artificial intelligence startup xAI, as the rocket manufacturer prepares for a potential initial...
Wednesday 21 January 2026
Sequoia Capital signals potential investment shift to Anthropic
Sequoia Capital is reportedly set to participate in a major funding round for AI startup Anthropic, marking a departure from its traditional practice of avoiding investments in direct...
Tuesday 20 January 2026
Musk’s gigawatt AI bet is accelerating the global compute arms race
Elon Musk's xAI division has achieved a milestone by bringing online Colossus 2, the world's first gigawatt-scale artificial intelligence (AI) training cluster, a development praised...
Friday 16 January 2026
Tesla CEO reveals China's AI edge as xAI sparks US data center power race
According to Business Insider, Elon Musk, CEO of Tesla and founder of xAI, recently highlighted China's dominant position in AI computing power during a podcast, warning that...
Wednesday 7 January 2026
Nvidia-backed xAI raises US$20 billion in Series E to scale AI infrastructure and Grok models
xAI, Elon Musk's artificial intelligence company, has raised US$20 billion in an upsized Series E funding round, surpassing its original US$15 billion target, with Nvidia joining as...
Wednesday 24 December 2025
Samsung boosts Texas staff and upgrades gear to hit 2026 targets for Tesla and xAI
Samsung Electronics is reportedly advancing preparations for its 2026 wafer foundry scale-up at the Taylor, Texas, fab by increasing local headquarters staff and reorganizing production...
Monday 22 December 2025
Elon Musk predicts xAI will outpace rivals with expanded AI computing power
Elon Musk, CEO of Tesla Inc. and founder of xAI, recently declared that if xAI survives the critical next two to three years, it will surpass competitors like OpenAI and Google by...
Thursday 20 November 2025
xAI and HUMAIN to deploy 500MW Grok data center in Saudi Arabia
xAI, Elon Musk's AI startup, has partnered with Saudi Arabia's state-backed HUMAIN to build a 500MW data center to host the Grok AI platform. The initiative aims to create a national...
Tuesday 14 October 2025
Skepticism clouds Anthropic's AI future despite strong enterprise ties
OpenAI continues to expand aggressively, while its main rival Anthropic struggles to match its influence and valuation. However, Anthropic still holds significant sway in software...
Wednesday 8 October 2025
Nvidia reportedly investing up to US$2 billion in Elon Musk's xAI amid broader AI infrastructure expansion
Elon Musk's artificial intelligence (AI) startup, xAI, is reportedly seeking to raise up to US$20 billion in a new funding round that includes an equity investment from Nvidia, according...
Thursday 11 September 2025
Samsung eyes xAI chip partnership following major Tesla deal
After securing orders from electric vehicle maker Tesla for autonomous driving AI chips, Samsung Electronics' foundry division is reportedly in talks with xAI, an artificial intelligence...
Monday 8 September 2025
Exclusive: Broadcom secures US$10B ASIC win, Apple and xAI next in line
Broadcom delivered strong earnings guidance with its latest results, as CEO Hock Tan revealed a US$10 billion ASIC mass-production order from a major new customer outside the core...