Elon Musk is merging two of the companies that he leads, SpaceX and xAI (which also owns X), into one. According to an announcement from Musk: SpaceX has acquired xAI to form the most ambitious, vertically-integrated innovation engine on (and off) Earth, with AI, rockets, space-based internet, direct-to-mobile device communications and the world's foremost real-time […]

Last week, the Department of Justice released a trove of documents related to its case against Jeffrey Epstein, its largest to date. Amid the millions of files were many mentions of Elon Musk. A search of Musk's name in the department's database results in at least 1,500 hits. Since the release, Musk has been - […]

Samantha Subin / CNBC:
Palantir reports Q4 revenue up 70% YoY to $1.41B, vs. $1.33B est., and forecasts FY 2026 and Q1 revenue above estimates; PLTR jumps 6%+ after hours  —  Palantir topped Wall Street's fourth-quarter estimates as more businesses and the U.S. government race to buy its artificial intelligence tools.

Bloomberg:
SpaceX acquires xAI; sources say the deal is all stock and values the combined company at $1.25T, with SpaceX valued at $1T and xAI at $250B  —  Elon Musk's SpaceX has acquired xAI, in a deal that encompasses the billionaire's increasingly costly ambitions to dominate artificial intelligence and space exploration.

Reuters:
Sources: OpenAI is unsatisfied with some of Nvidia's AI chips used for inference and has sought alternatives since last year, including from Cerebras and Groq  —  OpenAI is unsatisfied with some of Nvidia's latest artificial intelligence chips, and it has sought alternatives since last year …