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Artificial intelligence
fromFortune
2 days ago

Elon Musk admits xAI 'wasn't built right' as only 2 co-founders remain and its biggest AI bet stalls out | Fortune

Elon Musk is rebuilding xAI from the ground up following SpaceX's acquisition, despite significant talent exodus and the pausing of major projects like its AI agent initiative.
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fromTelecompetitor
6 months ago

EchoStar Sells Spectrum to SpaceX in $17B Deal

EchoStar is selling its AWS-4 and H-block spectrum licenses for approximately $17 billion to SpaceX, the company announced today. Space X will pay about half of the amount in cash and the remainder in company stock under the agreement, which also provides for SpaceX to fund an aggregate of approximately $2 billion of cash interest payments payable on EchoStar debt through November of 2027.
Business
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