Shares of Tesla jumped nearly 5% Friday following reports of merger discussions between SpaceX, Elon Musk’s AI startup xAI, and potentially Tesla itself. Investors are betting that further consolidation of Musk’s tech empire could sharpen his focus on Tesla’s ambitious AI and robotics goals.
SpaceX is reportedly in talks to merge with AI firm xAI, and is also considering a merger with Tesla, as it prepares for a massive public offering later this year. The moves could combine rockets, satellites, social media, AI, and electric vehicles under one corporate roof, fundamentally reshaping M
Elon Musk’s SpaceX is reportedly weighing a potential merger with Tesla. The company is also exploring a tie-up with its AI startup, xAI, ahead of a possible IPO.
HomeCooks, a marketplace connecting consumers with independent chefs for homemade meal prep, has raised €1.6 million. The funding will fuel a retail expansion, including new supermarket partnerships, as the company aims to scale beyond London.
Tesla has disclosed a $2 billion investment in Elon Musk’s other AI company, xAI. This comes just weeks after xAI announced a massive $20 billion funding round and directly contradicts a non-binding shareholder vote from November.
The tech job market has completely flipped. Workers from Amazon, Meta, and Microsoft are finding their once-coveted resumes now lead to hundreds of applicants per role and months of searching. It’s a game of endurance.
Cloud security startup Upwind just landed a massive $250 million Series B, valuing the company at $1.5 billion. The company, founded just four years ago, is betting big on an “inside-out” security model it calls “runtime” security. They’re seeing explosive growth, with 900% year-over-year revenue in
Daphni has closed its latest fund, daphni Blue, at €260 million. The fund will invest in scientist-entrepreneurs building startups from deep research in biology, physics, and chemistry. It’s a bet on Europe’s scientific IP as a competitive edge.
Snap Inc. is launching a new subsidiary, Specs Inc., to develop a fresh line of smartglasses. The company promises a “first-of-its-kind” AI system and see-through AR lenses, with the first model targeting a 2026 release.
Amsterdam’s Lucend has secured €2.7 million in Seed funding to expand its data center optimization platform to the United States. The round was led by Remarkable Ventures Climate, with participation from Mitsubishi Electric’s fund and others. The startup’s software analyzes billions of data points t
