Xai

xAI co-founder Igor Babuschkin steps down to launch own venture

xAI co-founder Igor Babuschkin steps down to launch own venture

14 Aug 2025, 15:04 PM

Babuschkin had joined xAI in May 2023. Prior to joining xAI, Babuschkin worked at DeepMind and OpenAI.

xAI legal lead Robert Keele steps down

xAI legal lead Robert Keele steps down

08 Aug 2025, 17:06 PM

Lily Lim, who, before becoming a lawyer, was a rocket scientist at NASA, will take over as the new legal head.

xAI reportedly eyes fresh funding at $170-$200 billion valuation; Musk denies

xAI reportedly eyes fresh funding at $170-$200 billion valuation; Musk denies

12 Jul 2025, 12:19 PM

The Saudi Arabian sovereign wealth fund, the Public Investment Fund, is expected to pick a significant stake in the round.

Elon Musk

Elon Musk's xAI launches newest version of AI chatbot Grok 4

10 Jul 2025, 18:06 PM

xAI also unveiled Grok 4 Heavy and a new $300-per-month AI subscription plan, SuperGrok Heavy.

OpenAI hires from Meta, xAI, Tesla in escalating battle for AI talent

OpenAI hires from Meta, xAI, Tesla in escalating battle for AI talent

09 Jul 2025, 18:34 PM

Greg Brockman, president and co-founder at OpenAI, welcomed all of them in an X post.

Elon Musk

Elon Musk's xAI raises $10 billion to boost Grok platform

02 Jul 2025, 18:25 PM

The fresh capital will help xAI to develop its AI solutions including one of the world's largest data center and its flagship Grok platform.

Fintech Highlights

  1. Motilal Oswal Mutual Fund hikes stake in Paytm

  2. Kiwi raising Series B funding led by Vertex

  3. Kissht files draft paper for IPO, eyes Rs 1,000 crore via fresh issue

  4. Weaver to raise $170 million from Lightspeed, Premji Invest, Gaja Capital

  5. Westbridge Capital-backed Credgenics acquires Arrise
  6. Read more news...

AI/Emerging Tech

  1. HDFC Bank invests in conversational AI company CoRover

  2. Nvidia developing new, more powerful AI chip than H20 for China

  3. OpenAI launches new subscription plan in India at Rs 399 per month

  4. OpenAI employees looking to sell shares worth $6 billion to Softbank, others

  5. xAI co-founder Igor Babuschkin steps down to launch own venture
  6. Read more news...

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