CEO Elon Musk's xAI is reportedly preparing to hold another formal funding round to reach a valuation surpassing $200B, according to the Financial Times.

The new hires are joining OpenAI’s scaling team, according to an internal Slack message sent by cofounder Greg Brockman.

Finnish e-motor startup Donut Lab raised €25 million ($29.2 million) in a seed funding round led by Risto Siilasmaa, the founder of cybersecurity company WithSecure (formerly F-Secure). Risto has also joined Donut Lab’s board.

Tesla bull Dan Ives on Tuesday proposed a merger even more colorful than his clothes, when he sketched out a scenario whereby the carmaker could buy xAI. Why it matters: This could create a viable rival to OpenAI and Big Tech incumbents like Meta and Microsoft,

Elon Musk's plans to ship an overseas power plant to Memphis for an xAI supercomputer raise both interest and environmental concerns.

Tesla's AGM will occur four months later than required—not good enough, says Charles Elson: 'The law has to be equally and neutrally applied. There aren’t special exceptions.'

Tesla CEO Elon Musk said Robotaxi will expand its service area in Austin and will come to the Bay Area in 1-2 months pending regulatory approval.