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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 1month
OpenAI and Musk agree to fast tracked trial over for-profit shift

OpenAI and Elon Musk have agreed to fast-track a trial over OpenAI's for-profit shift, the latest turn in a grudge match between the world's richest person and OpenAI CEO Sam Altman playing out publicly in court.

AI Startups 1month
Rocket Lab (RKLB) Successfully Launches Gen-3 Satellite for AI-Powered Earth Imaging

We recently published a list of Top 10 AI News Wall Street is Paying Attention To. In this article, we are going to take a look at where Rocket Lab USA, Inc.

Elon Musk said 2025 could be Tesla's 'most important year.' Here's what's on the agenda.

Elon Musk said 2025 would see Tesla produce thousands of Optimus robots, a lower-cost model, and the launch of a fully self-driving robotaxi service.

Elon Musk Talks DOGE, AI, and DEI in Dubai

In wide-ranging comments over videocall, Musk said the Trump Administration needs to "delete entire agencies."

Government 2month
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 2month
Elon Musk says he will be irreparably harmed if OpenAI isn't stopped. The federal judge overseeing his lawsuit called it a 'stretch'

At the heart of the dispute is a 2017 internal power struggle at the fledgling startup that led to Altman becoming OpenAI's CEO.

AI Startups 3month
Podcast: Stargate, OpenAI and Microsoft; BlueSky in Seattle; and Madrona's big new funds

This week on the GeekWire Podcast, we delve into the Stargate Project announcement by OpenAI, Oracle and Softbank, in conjunction with President Trump, and assess the implications for OpenAI's relationship with Microsoft.