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Musk joins his rocket and AI businesses into a single company before an expected IPO this year [Globe and Mail, The (Toronto, Canada)]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
His rocket venture, SpaceX, announced on Monday that it had bought xAI in an effort to help the world's richest man dominate the rocket and artificial intelligence businesses. The deal will combine several of his offerings, including his AI chatbot Grok , his satellite communications company Starlink , and his social media company X. Musk has talked repeatedly about the need to speed development of technology that will allow data centers to operate in space to solve the problem of overcoming the huge costs in electricity and other resources in building and running AI systems on Earth. It's a goal that Musk said in his announcement of the deal could become much easier to reach with a combined company. “In the long term, space-based AI is obviously the only way to scale," Musk wrote on SpaceX's website Monday, then added in reference to solar power, “It's always sunny in space!” Musk said in SpaceX's announcement he estimates “that within 2 to 3 years, the lowest cost way to ge
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- Musk's xAI needs SpaceX deal for the money. Data centers in space are still a dream. [CNBC][CNBC]
- Elon Musk's SpaceX buys xAI in stunning deal valued at $1.25 trillion ahead of looming IPO [Yahoo! Finance][Yahoo! Finance]
- Robotaxi pioneer Waymo gets $16 billion injection to accelerate its expansion plans [Yahoo! Finance Canada][Yahoo! Finance Canada]
- Robotaxi pioneer Waymo gets $16 billion injection to accelerate its expansion plans [Globe and Mail, The (Toronto, Canada)][Globe and Mail, The]
- Robotaxi pioneer Waymo gets $16 billion injection to accelerate its expansion plans [Yahoo! Finance][Yahoo! Finance]
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