Exxon Mobil

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.

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

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.

We recently published a list of Coatue's 35 Most Important AI Stocks. In this article, we are going to take a look at where Constellation Energy Corporation (NASDAQ:CEG) stands against Coatue's other most important AI stocks.

According to Bank of America, electricity demand for data centers is forecast to rise between 10% to 15% a year between now and 2030 and could make up 5% of all worldwide power demand in 2030. In order to meet growing power needs,

Elon Musk enjoys being at the center of the universe. If generative AI is going to be as transformational as Silicon Valley believes, he cannot lose. Especially not to a company he helped start. To that end,

Meet the key figures at Elon Musk's xAI, the $50 billion startup behind the chatbot Grok that's taking on ChatGPT.