TechCrunch AI·
Elon Musk's xAI surprised the AI world when it made a deal to sell compute to Anthropic. Now we know how much it's worth.
Read full articleSpaceX's IPO filing reveals xAI lost $6.4 billion in 2025 while planning a massive Grok expansion — offering the first public look at Elon Musk's AI financials and more details about his ambitions.
SpaceX's governance structure may limit shareholder influence, raising concerns about unchecked leadership and potential investor risks. The post SpaceX to keep Elon Musk as CEO, CTO, and chairman after IPO, with 79% voting control appeared first on Crypto Briefing.
Anthropic's rapid revenue growth and profitability highlight the transformative potential and competitive dynamics in the enterprise AI sector. The post Anthropic expects 130% revenue surge to $10.9B in June quarter appeared first on Crypto Briefing.
SpaceX is gearing up for what's likely to be a blockbuster IPO, and Elon Musk's aerospace and AI firm holds more Bitcoin than expected.
Elon Muks's xAI said it will buy $2.8 billion worth of natural gas turbines over the next three years, according to SpaceX's IPO filing.
The AI technology company claims Defense Secretary Pete Hegseth unlawfully and falsely branded it as a national security risk.
Anthropic's financial success may boost its strategic role in AI, attracting major investments and partnerships, impacting global AI dynamics. The post Anthropic projects Q2 revenue over $10.9B, reports first $559M profit appeared first on Crypto Briefing.
Mr. Musk’s rocket and satellite maker disclosed its financial performance for the first time, as it prepares to go public in what is set to be one of the largest offerings to date.
