SpaceX Pumps $2B into xAI to Power AI Race
SpaceX is investing $2B in xAI’s $5B fundraise, fueling its AI startup Grok to catch up with OpenAI and power innovations for Starlink and beyond.
AI Investment
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Alibaba Shares Jump 15% on Bold AI and Cloud Investment Plans
Alibaba’s shares surged 14.56% after reporting an 8% revenue increase and announcing aggressive AI and cloud computing investments for the next three years.
France to Invest €109 Billion in AI, Driving Future Innovation
French President Emmanuel Macron announces a €109 billion investment in artificial intelligence, positioning France as a global leader in AI innovation.
Google Implements Cost-Cutting Measures with Employee Layoffs and Role Shifts
Google is cutting an unspecified number of jobs and shifting some roles to hubs in India, Chicago, Atlanta, and Dublin as part of broader cost-cutting measures.