The merger is part of Musk's long-term plan to build orbital data centers in space. The combined company is valued at $1.25 trillion, according to a Reuters report. Musk believes space-based data ...

Elon Musk's rocket maker SpaceX has acquired artificial intelligence startup xAI in a deal that will value the company at $1.25 trillion, CNBC has confirmed. The transaction comes ahead of a potential ...

The deal is the biggest M&A transaction of all time Deal values xAI at $250 billion, SpaceX at $1 trillion Merger consolidates Musk’s empire ahead of SpaceX IPO Feb 2 (Reuters) - Elon Musk said on ...

NEW YORK, Jan 29 (Reuters) - Elon Musk's SpaceX and xAI are in discussions to merge ahead of a blockbuster public offering planned for later this year. The combination would bring Musk’s rockets, ...

Two AI startups merged to establish a full-stack cloud, the first built from the outset with AI in mind. New York-based Lightning AI, a cloud platform where developers run AI apps, is joining up with ...

President Donald Trump’s social media company, Trump Media & Technology Group (TMTG), said on Thursday that it’s merging with TAE Technologies, a Southern California-based company that has been ...

Data collection issues skewed the latest Consumer Price Index report, economists warned, clouding the picture for the Federal Reserve as it also grapples with a cooling labor market. By Colby Smith ...

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