Elon Musk Urges Bill Gates to Close His Tesla Short Position or Risk Losing $1.5B

Bloomberg's Caroline Hyde and Ed Ludlow discuss investor expectations ahead of Nvidia's earnings report. Nvidia CEO Jensen Huang and Tesla CEO Elon Musk are set to speak at the US-Saudi Investment Forum. Additionally, Brookfield Asset Management aims to secure $10 billion in commitments for a global AI infrastructure program in partnership with Nvidia and Kuwait's wealth fund.

Saudi Arabia has entered into a partnership with Elon Musk's artificial intelligence company, xAI, to establish a data center in the kingdom. This collaboration aims to enhance Saudi Arabia's technological infrastructure and support its ambitions in the AI sector. The deal signifies a growing interest in AI technologies within the region, aligning with the country's broader economic diversification goals.

Tesla has received approval to operate a ride-hailing service in Arizona, marking a significant step in its expansion into the autonomous transportation market. This approval allows Tesla to deploy its autonomous vehicles for ride-hailing purposes, enhancing its service offerings in the state.

Elon Musk announced that his artificial intelligence startup, xAI, plans to develop a 500 megawatt data center in Saudi Arabia in collaboration with the state-backed AI startup Humain. The data center will utilize Nvidia chips, marking a significant investment in the region's AI infrastructure.

Elon Musk's xAI plans to establish a 500 megawatt data center in Saudi Arabia in collaboration with the state-backed AI venture Humain, utilizing chips from Nvidia Corp. This initiative is part of a broader strategy to enhance AI capabilities in the region.

Elon Musk's AI company xAI is reportedly in advanced discussions to raise $15 billion in funding, which would elevate its valuation to $230 billion, according to the Wall Street Journal. This funding round reflects the company's rapid growth and ambition in the artificial intelligence sector.

Elon Musk's artificial intelligence company, xAI, is seeking to raise $15 billion, pushing its valuation to $230 billion. This funding round reflects the company's rapid growth and ambition in the AI sector.

xAI, the artificial intelligence startup founded by Elon Musk, is reportedly in advanced discussions to raise $15 billion, which would elevate its valuation to $230 billion. This marks a significant increase from the $113 billion valuation reported following its merger with X in March 2025. The funding is crucial as xAI aims to enhance its Grok chatbot, which has been rapidly consuming cash in its development efforts.