News
Elon Musk says he is merging SpaceX with his artificial-intelligence company xAI
4+ min ago (604+ words) Elon Musk is joining his space exploration and artificial intelligence ventures into a single company before what's expected to be a massive initial public offering for the business later this year. His rocket venture, SpaceX, announced on Monday that it…...
Elon Musk confirms ‘SpaceX and xAI are now one company’; says future of AI is in space |
42+ min ago (351+ words) Science News: SpaceX has moved to absorb Elon Musk's artificial intelligence start-up xAI, bringing the smaller company and its Grok chatbot under the aerospace fir. SpaceX has moved to absorb Elon Musk's artificial intelligence start-up xAI, bringing the smaller company…...
Comac wins orders for C909 fire-fighting variant
46+ min ago (262+ words) Comac has'disclosed orders for up to six C909s equipped for fire-fighting from Chinese firm Shanxi Victory General Aviation. The deal, announced on 3 February, comprises firm orders for three and options for another three. Comac does not disclose the value of the…...
TRT World - Musk merges xAI into SpaceX to pursue space-based data centres
48+ min ago (274+ words) Elon Musk's SpaceX has taken over his artificial intelligence company xAI in a merger aimed at deploying space-based data centres, according to a statement. The acquisition combines SpaceX's rocket capabilities with xAI's technology to create what Musk described as "the…...
Elon Musk lays out a new vision of AI satellites as SpaceX acquires xAI
1+ hour, 16+ min ago (600+ words) SpaceX CEO Elon Musk says he's making space-based artificial intelligence the "immediate focus" of a newly expanded company that not only builds rockets and satellites, but also controls xAI's generative-AI software and the X social-media platform. That's the upshot of…...
Elon Musk’s SpaceX Acquires xAI in $1.25 Trillion Merger Ahead of Planned IPO
1+ hour, 20+ min ago (491+ words) Elon Musk has merged his aerospace company SpaceX with his artificial intelligence start-up xAI in one of the largest private technology deals in history, valuing the combined entity at roughly USD 1.25 trillion, according to reports. The acquisition was announced by…...
Elon Musk merges his companies xAI, SpaceX
1+ hour, 22+ min ago (93+ words) According to the SpaceX press release, the merger will eventually allow placing AI data centers in space, powered by solar energy - Russian Politics & Diplomacy Russian Politics & DiplomacyInto section "- Business & Economy Business & EconomyInto section " - Military & Defense Military & DefenseInto section " - Science & Space…...
Woodward Dividend Hike And Earnings Strength Raise Valuation Questions
1+ hour, 22+ min ago (308+ words) Woodward (NasdaqGS:WWD) announced a 14% increase to its dividend alongside the release of its first quarter earnings. The company reported year over year growth in both sales and net income for the quarter. Management framed the dividend change and results…...
CFM Hybrid Open Fan On Display At Singapore Airshow
1+ hour, 26+ min ago (218+ words) A large-scale model of a CFM Open Fan on display at GE Aerospace's Singapore Airshow stand. SINGAPORE'Following the recent completion of hybrid-electric tests of a modified Passport engine in the U.S., GE Aerospace is displaying a large-scale model of a CFM…...
Elon Musk Merges SpaceX and xAI, Plans Solar-Powered AI Data Centres in Orbit
1+ hour, 27+ min ago (360+ words) Elon Musk's SpaceX-xAI merger signals a bold push toward orbital AI infrastructure powered by solar energy and trillion-dollar ambitions. Elon Musk has taken another dramatic step toward blending artificial intelligence with space technology, announcing that SpaceX has officially acquired his…...