The rocket maker has been a useful financial tool for Mr. Musk, providing the billionaire with loans and aiding his struggling companies, a Times examination found.
Category: X.ai Inc
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Investors Fret Over Tesla’s $25 Billion A.I. Bet
The New York Times – Business:Elon Musk’s electric vehicle company said that it needs to spend big on artificial intelligence and robots. Wall Street is worried about the bill.
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The Consequences of SpaceX’s Latest A.I. Moonshot
The New York Times – Business:Elon Musk’s rocket and satellite internet titan may pay $60 billion for an A.I. coding start-up. It further clouds SpaceX’s once-simple business plan.
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Musk’s SpaceX Goals Shift Ahead of Its I.P.O.
The New York Times – Business:As SpaceX prepares to go public, Mr. Musk has proposed moonshots that differ from the company’s original aim of reaching Mars.
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SpaceX Strikes Deal With Cursor for $60 Billion
The New York Times – Business:The potential acquisition comes as Elon Musk’s rocket and satellite maker, which has been emphasizing artificial intelligence, is preparing to go public.
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Pentagon Gives A.I. Company an Ultimatum
The New York Times – Business:Anthropic insists on limits on how its technology is used and could be labeled a supply chain risk if it fails to accept the military’s demands.
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Elon Musk’s xAI Gets $3 Billion Investment From Saudi-Backed A.I. Firm
The New York Times – Business:Humain, which was created by Crown Prince Mohammed bin Salman last year, said it made the investment just before xAI was acquired by SpaceX, Mr. Musk’s rocket company.