Startups & FundingxAI
SpaceX IPO Filing Opens Up xAI Finances
SpaceX's IPO filing has revealed financial details about Elon Musk's AI company xAI. This marks the first major...
AI Business
Startups & Funding · xAI
Featured
Startups & Funding
Elon, stop trying to make Grok happen
There is a harsh truth about Elon Musk's "truth-seeking" AI chatbot Grok: It's not very good, and not many people are using it. That's the takeaway of a new Reuters report, which found that Grok...
The Verge AI
Read more
Startups & FundingxAI
SpaceX IPO filing shows billions in AI losses, a $2 trillion valuation target, and turbine spending that signals more data center conflicts ahead
SpaceX is filing for an IPO targeting a $2 trillion valuation, with filings revealing xAI losses of $6.36 billion in...
The Decoder
Startups & FundingxAI
In SpaceX’s IPO, Elon Musk is the risk factor
SpaceX is preparing for an IPO that could make Elon Musk the world's first trillionaire. The offering reveals complex...
The Verge AI
Startups & FundingxAI
SpaceX Listed Grok’s ‘Spicy’ Mode as a Risk in Its IPO Filing
SpaceX disclosed in its IPO filing that it has set aside over $500 million for potential litigation losses, partly due...
Wired AI
Startups & FundingxAI
SpaceX Is Spending $2.8 Billion to Buy Gas Turbines for Its AI Data Centers
SpaceX is investing $2.8 billion in gas turbines to power its AI data centers as it expands into cloud computing. The...
Wired AI
Startups & FundingxAI
xAI burned $6.4B last year — SpaceX’s IPO filing shows why the spending is far from over
xAI lost $6.4 billion in 2025 according to SpaceX's IPO filing, with the company planning significant expansion of its...
TechCrunch AI
Startups & FundingxAI
Musk’s xAI is being sued over its data center generators — now it’s buying $2.8B more
xAI is purchasing $2.8 billion worth of natural gas turbines over the next three years to power its data centers, as...
TechCrunch AI
Startups & FundingxAI
Anthropic will pay xAI $1.25B per month for compute
Elon Musk's xAI has agreed to sell compute resources to Anthropic for $1.25 billion per month. This partnership...
TechCrunch AI
Startups & FundingxAI
Elon Musk’s SpaceXAI has been bleeding staff since its merger
SpaceXAI has experienced significant staff attrition with over 50 employees leaving since its February merger, raising...
TechCrunch AI
Startups & FundingxAI
We’re feeling cynical about xAI’s big deal with Anthropic
xAI has made a significant deal with Anthropic, which could have implications for parent company SpaceX. The Equity...
TechCrunch AI
Startups & FundingxAI
Is xAI a neocloud now?
xAI's primary business focus may be shifting toward data center infrastructure development rather than solely training...
TechCrunch AI
Startups & FundingxAI
SpaceX may spend up to $119 billion on ‘Terafab’ chip factory in Texas
SpaceX is considering building a semiconductor factory called 'Terafab' in Texas with an initial investment of $55...
TechCrunch AI
Startups & FundingxAI
Musk's SpaceX bets $60 billion on Cursor to fix xAI's coding gap
SpaceX has secured an option to acquire AI coding startup Cursor for $60 billion to address coding tool capabilities...
The Decoder
Startups & FundingxAI
SpaceX cuts a deal to maybe buy Cursor for $60 billion
SpaceX has announced a deal to acquire AI coding platform Cursor for $60 billion, or pay a $10 billion fee if the deal...
The Verge AI
Stay Updated
Get the latest AI news delivered to your inbox every morning. No spam, unsubscribe anytime.