Microsoft (NASDAQ:MSFT) has reportedly paused or scaled back progress on several data center developments globally, according to a Bloomberg report citing sources familiar with the matter ...

The seasonally adjusted balance on goods decreased $2,188m in February. Goods credits (exports) decreased $1,578m (3.6%) driven by Non-monetary gold. Goods debits (imports) increased $611m (1.6%) ...

Swedens largest insurer just dropped Tesla (NASDAQ:TSLA). The reason? A clash over workers' rights thats been quietly brewing for months. Folksam, managing more than $80 billion in assets, sold ...

Meanwhile, xAI is the hot kid on the block, valued at $80B in this deal, up from $40B in December. Elon’s basically folding a struggling asset into a rising star,” said the chatbot.

Elon Musk’s AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal, he announced in a post on X Friday. “xAI has acquired X in an all-stock ...

“Also Grok at $80B is an insanely dumb valuation. The one thing Grok does well is live time from access to Twitter data. But otherwise, it’s not a breakthrough model and it’s terribly monetized”, he ...

Elon Musk and President Trump at the men's NCAA wrestling competition at the Wells Fargo Center in Philadelphia on March 22. Photo: Brendan Smialowski/ AFP via Getty Images ...

The combination values xAI at $80B and X at $33B, or $45B less $12B debt. “Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and ...

Transaction is an all-stock deal Deal's $45 billion price tag includes $12 billion in debt xAI valued at $80 billion, integration could make training Grok easier March 28 (Reuters) - Elon Musk's ...

Despite the slowdown, Microsoft still intends to spend close to $80B on AI data centers, a Microsoft spokesperson told Bloomberg. “While we may strategically pace or adjust our infrastructure ...

Our plans to spend over $80B on infrastructure this FY remain on track as we continue to grow at a record pace to meet customer demand.” ...