Tag - xai

 
 

XAI

Elon Musk’s xAI, which raised about $10 billion of corporate equity and debt earlier this year, still needs billions more given the company has been burning through $1 billion per month.
BUSINESS / Tech
Oct 8, 2025
Nvidia to invest in Musk’s xAI as part of $20 billion funding
The massive capital raise is just the latest for the AI industry, which has seen major tech companies invest to build the infrastructure necessary to develop top AI models.
A new Facebook data center is under construction in Eagle Mountain, Utah, in May 2019. Manufacturers and builders are reaping windfalls from the AI-driven data center surge.
COMMENTARY / World
Aug 18, 2025
The AI building boom is bound to bust
For now, the boom has room to run. The introduction of artificial intelligence into the workplace and society will match the rollout of electricity and the internet.
U.S. President Donald Trump celebrates after signing executive orders on artificial intelligence at the “Winning the AI Race” Summit in Washington on July 23.
COMMENTARY / World / Geoeconomic Briefing
Aug 1, 2025
Will Trump’s tech policies propel U.S. success against China?
As China mobilizes all its resources for an all-out contest for technological supremacy, the U.S. cannot afford economic inefficiencies and to push its closest partners away.
Grok, a chatbot made by xAI, on Tuesday made antisemitic comments on billionaire owner Elon Musk's social media platform, X.
BUSINESS / Tech
Jul 10, 2025
Europe’s clash with Musk’s xAI escalates after Grok’s rants
The chatbot on Tuesday made antisemitic comments on social media platform X.
Billionaire Elon Musk said the value of his X social media network is $45 billion when including $12 billion of debt, describing his xAI artificial intelligence startup's purchase of X as an all-stock transaction.
BUSINESS / Tech
Mar 29, 2025
Musk’s xAI startup swallows up X social network in surprise deal
Elon Musk said his xAI artificial intelligence startup has acquired the X platform, which he also controls, at a valuation of $33 billion.
Elon Musk, owner of X, attends an event in Paris on June 16.
BUSINESS / Tech
Nov 6, 2023
Musk to integrate xAI with social media platform X
The billionaire also said xAI released its first AI model, a bot named Grok, after making it available to all X Premium+ subscribers.
Japan Times
BUSINESS / Tech
Jul 13, 2023
Elon Musk launches new company xAI to 'understand the universe'
The billionaire has hinted for months that he wants to build an alternative to the popular ChatGPT artificial intelligence chatbot.

Longform

Rock group The Yellow Monkey played K-Arena Yokohama in June as part of a nationwide tour. Concerts are increasingly popular in the age of social media as users value in-person experiences.
Inside Japan’s arena boom: Sports, sound and city-building