Microsoft Corp. is using its partnership with BlackRock to co-fund and accelerate its AI infrastructure development, reducing the direct burden on its funds. BlackRock has now raised $12.5 billion of ...

Elon Musk is merging his rocket maker SpaceX with his artificial intelligence startup xAI in a deal that changes what a future SpaceX IPO represents. Bloomberg reports that the merged company is ...

Musk is combining rocket maker SpaceX with his AI startup, the largest tie-up in his expansive business portfolio.

Elon Musk's xAI division has achieved a milestone by bringing online Colossus 2, the world's first gigawatt-scale artificial intelligence (AI) training cluster, a development praised by Nvidia CEO ...

Apollo Global Management (APO) is working on opening up trading on a private debt deal that backs Elon Musk's AI startup xAI Corp, according to a media report on Tuesday. The asset manager has ...