xAI's Valuation Soars to $230 Billion as Elon Musk Eyes $15 Billion Funding Round

Amateur astronomers have captured footage suggesting that the interstellar object 3I/ATLAS appears to be 'spinning'. This revelation comes just days before NASA is set to release its most detailed images of the comet, raising curiosity and speculation among the scientific community and the public.

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.

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.

The NHS has launched a new intellectual property (IP) framework, replacing a 23-year-old system. This initiative aims to enhance economic growth, facilitate innovation, and accelerate access to advanced health technologies in the UK.

Elon Musk has reignited his feud with Bill Gates over a reported $500 million short position on Tesla that Gates has held for eight years. Musk has urged Gates to close this position to avoid a potential loss of $1.5 billion.