Exxon

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Elon Musk says he sold X to his AI company

Elon Musk on Friday evening announced he has sold his social media company, X, to xAI, his artificial intelligence company, in a deal that values X at $33 billion, much less than he paid for it in 2022 but a significant rebound from its moribund valuation just a few months ago.

AI Startups 3month
AI tool built in N.L. hopes to see use in the oilfield and beyond

ReviewAI, a product developed by St. John's-based tech company CoLab Software, can comb through data and knowledge of past engineering projects to provide insight, improvements and make sure mistakes found in the past aren't repeated.

EXEED accelerates AI robot development; paves the way for the era of autonomous driving

Renowned automaker EXEED has announced its integration with world-leading AI technology company DeepSeek. DeepSeek offers significant technological advantages, with training costs of just $5.57 million (Dh20.

Brookfield Renewable Partners: Excellent High-Yield Investment

Brookfield Renewable Partners offers a 6.5% dividend yield, driven by AI demand and growth trends. Discover BEP's strong growth, low valuation, and high yield.

Winsupply Acquires Stake in Explainable AI Provider

Based in Ohio, Mined XAI offers businesses an explainable AI solution to address various challenges, specializing in fleet management, risk modeling and more.

Percepto leverages AI power to pilot remote inspections at Chevron

Percepto and Chevron have reached a six-month milestone to evaluate use of the drone company's AI-powered remote inspection capabilities. The project has demonstrated promising improvements in operational efficiency and advancing workforce safety.

Elon Musk's $97 billion OpenAI bid would give the DOGE chief even more power in the AI race

Ownership of the non-profit side of the business could give a Musk-led group a significant stake in the for-profit company.

Blockchain 5month
Goldman Sachs Top Stock Picks With 10% and More Upside Pay Huge Dividends

The artificial intelligence rally led by the so-called Magnificent 7 over the past two years has been remarkable if you owned those stocks. However, while most of the S&P 500 is doing well, it will not likely catch up to the hype-driven AI stocks soon.

Finance 5month