SpaceX May Acquire Cursor for $60B Later This Year
SpaceX has secured rights to acquire AI coding startup Cursor for up to $60 billion, deepening its push into AI alongside xAI ahead of a potential IPO.
AI Boom Sparks Big Tech Rally, With Oracle, AMD, Microsoft Leading
Big Tech stocks posted a sharp rally this week, driven by AI infrastructure demand and easing macro concerns. Oracle, AMD, and Microsoft led gains.
Altman Moves to Dismiss Punitive Damages in Sister’s Sexual Abuse Lawsuit
Sam Altman is seeking to dismiss punitive damages in a civil lawsuit filed by his sister, who alleges past abuse. The OpenAI CEO denies the claims and has filed a countersuit.
X Launches XChat App as Musk Pushes Super App Vision
X will launch its XChat messaging app on iOS, marking a key step in Elon Musk’s plan to build a WeChat-style super app.
Intel Teams Up with Musk on Terafab to Scale AI Chip Production
By
Olivia Grant
Intel has joined Elon Musk’s Terafab project aimed at scaling AI chip production, though its exact role remains unclear. The effort targets massive compute output for AI and robotics.
Sanders and AOC Push to Block Energy-Heavy AI Data Centers
By
Olivia Grant
Bernie Sanders and Alexandria Ocasio-Cortez proposed a ban on large AI data centers, citing environmental and regulatory concerns tied to rapid infrastructure expansion.
Tesla and SpaceX Join Forces on ‘Terafab’ AI Chip Factory
By
Olivia Grant
Elon Musk announced plans for Terafab, a dual chip factory project by Tesla and SpaceX to produce AI chips for vehicles, robots, and space-based data centers.
xAI Hires Bankers and Traders to Train Grok on Financial Markets
Elon Musk’s xAI is recruiting investment bankers, traders, and crypto experts to train its Grok chatbot on financial markets as it competes for enterprise customers.
Musk Triggers Leadership Shakeup and Layoffs at xAI
Elon Musk has pushed out several leaders and employees at xAI as he restructures the company ahead of a potential initial public offering.
Musk Confirms Tesla–xAI Collaboration on Digital Optimus AI Agent Project
Elon Musk revealed Digital Optimus, a joint Tesla–xAI AI agent project powered by Grok and Tesla hardware. The announcement deepens links between the companies amid ongoing shareholder litigation.
Elon Musk Reveals Macrohard, a Tesla and xAI AI Agent Platform
Elon Musk revealed Macrohard, a joint Tesla and xAI project combining Grok and autonomous agents designed to emulate the functions of software companies.
Elon Musk’s xAI Faces Legal Challenge Over Data Center Pollution
By
Olivia Grant
xAI and its subsidiary MZX Tech face a lawsuit over emissions from natural gas turbines at Mississippi data centers, raising health and environmental concerns.
UK Extends Online Safety Act to AI Chatbots
By
Marcus Lee
The UK government will now regulate AI chatbots under the Online Safety Act, requiring platforms like ChatGPT and Google Gemini to block illegal content or face fines.
xAI Details Reorganization, Product Roadmap in Public All-Hands
xAI has published a full internal all-hands meeting outlining a major reorganization, new product lines, and deeper integration with X. Executives framed recent layoffs as part of a shift to a scalable operating model tied closely to X’s subscription business.
Musk Floats Moon Factory as xAI Co-Founders Depart
Elon Musk outlined a vision for moon-based AI manufacturing as xAI faces mounting leadership departures following its acquisition by SpaceX and ahead of a potential IPO.
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