Musk’s xAI Expands Fundraise to $20 Billion | Bloomberg Tech 10/8/2025

Bloomberg TechnologyWednesday, October 8, 2025 at 8:01:18 PM
PositiveTechnology
Musk’s xAI Expands Fundraise to $20 Billion | Bloomberg Tech 10/8/2025
Elon Musk's AI startup, xAI, is making headlines by expanding its fundraising efforts to a remarkable $20 billion. This move highlights the growing interest and investment in artificial intelligence, which is crucial for technological advancement. Additionally, Tesla is set to release more affordable versions of its popular electric vehicles, making sustainable transport more accessible. Meanwhile, the UK Minister for AI is advocating for increased collaboration and investment in tech innovation between the UK and the US, signaling a strong commitment to fostering growth in this vital sector.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Starmer Looks to India for Example on UK Plan for Digital ID
PositiveTechnology
Keir Starmer's recent meeting with a key architect of India's digital ID program highlights his proactive approach to modernizing the UK's identification system. By looking to India as a model, Starmer aims to enhance efficiency and security in public services, which could significantly benefit citizens. This initiative reflects a growing trend among governments to leverage technology for better governance.
The hidden danger in button batteries - and the one brand that got it right
NegativeTechnology
Button cell batteries pose a significant risk, leading to thousands of injuries and even fatalities in the US annually. This alarming trend highlights the need for awareness and safety measures, especially for households with children. In this context, one brand stands out for its commitment to safety, making it a trusted choice for consumers. Understanding these dangers and knowing which products to rely on can help prevent tragic accidents.
How to watch Niko Omilana on Celeb UK Traitors – where to stream the YouTuber-turned-Traitors Faithful
PositiveTechnology
Niko Omilana, the popular British YouTuber, is making waves on Celeb Traitors UK, and fans are eager to catch his journey as he navigates the game. This guide provides all the details on how to stream the show online, ensuring that viewers from around the world won't miss a moment of his strategic gameplay. Niko's participation not only entertains but also highlights the growing crossover between social media influencers and traditional television, making it a significant event for both fans and the entertainment industry.
Musk Settles Suit by Ex-Twitter CEO Over Denied Severance Pay
PositiveTechnology
Elon Musk has reached a settlement in a $128 million lawsuit with former Twitter CEO Parag Agrawal and three other executives over denied severance payments. This resolution is significant as it not only alleviates legal tensions but also highlights the complexities of executive compensation in high-profile tech companies. It reflects Musk's willingness to resolve disputes amicably, which could positively influence his reputation and the company's future dealings.
This Startup Wants to Spark a US DeepSeek Moment
PositiveTechnology
A new startup is aiming to revolutionize the AI landscape in the US by making reinforcement learning accessible to everyone. As the country lags behind in open source models, this initiative could democratize AI technology, allowing more individuals and organizations to harness its potential. This move not only fosters innovation but also ensures that a broader range of voices can contribute to the development of AI, making it a significant step towards inclusivity in tech.
Elon Musk and former Twitter execs agree to settle $128 million lawsuit
PositiveTechnology
Elon Musk and former Twitter executives have reached a settlement in a $128 million lawsuit, which is a significant development for both parties. This agreement not only alleviates the legal pressures surrounding Musk and his team but also allows Twitter to move forward without the burden of ongoing litigation. Settlements like this can pave the way for more stability in corporate governance and help restore confidence among investors and users alike.
UK to Appoint ‘Digital Markets Champion’ For Tokenization Effort
PositiveTechnology
The UK government is set to appoint a 'digital markets champion' to lead the charge in digitizing wholesale financial markets through blockchain technology. This initiative is significant as it aims to modernize the financial sector, enhance efficiency, and potentially attract more investment, showcasing the UK's commitment to innovation in finance.
Tesla was once an EV innovator, but its cheaper Model 3 and Model Y show it’s now being lapped by Chinese rivals
NegativeTechnology
Tesla, once a leader in electric vehicle innovation, is now facing stiff competition from Chinese manufacturers as it rolls out more affordable versions of its Model 3 and Model Y. While these new models are priced lower, they come with significant compromises in features and quality, raising concerns about Tesla's ability to maintain its edge in the rapidly evolving EV market. This shift highlights the growing influence of Chinese rivals and the challenges Tesla faces in appealing to budget-conscious consumers.
Tesla Unveils Cheaper Versions of the Model 3 and Model Y EVs
PositiveTechnology
Tesla has just announced more affordable versions of its popular Model 3 and Model Y electric vehicles, with starting prices of $36,990 and $39,990 respectively. This move, which reduces prices by about 13% and 11% compared to their premium counterparts, makes electric vehicles more accessible to a wider audience. It's a significant step in promoting sustainable transportation and could potentially boost Tesla's sales as more consumers look for budget-friendly EV options.
European Union Outlines Strategies to Boost AI Adoption, Research
PositiveTechnology
The European Union has unveiled new strategies aimed at enhancing the adoption and research of artificial intelligence. This initiative is crucial as it addresses growing concerns that Europe is falling behind in the tech race against China and the U.S. By prioritizing AI, the EU aims to foster innovation and ensure that it remains competitive in the global market, which could lead to significant advancements in various sectors.
Workers are losing faith in their leaders - and not just because AI is taking over
NegativeTechnology
A recent study reveals that only 14% of UK employees trust their senior leaders, highlighting a significant crisis in leadership credibility. This lack of trust is attributed to a perceived absence of empathy and transparency from those at the top. As AI continues to reshape workplaces, the need for authentic leadership becomes even more critical. This situation matters because it can impact employee morale and productivity, ultimately affecting organizational success.
Goldman’s Oppenheimer Dismisses Bubble Fears in US Tech Stocks
PositiveTechnology
Goldman Sachs' Oppenheimer has reassured investors that concerns about a bubble in US technology stocks are premature. This perspective is significant as it suggests confidence in the tech sector's growth potential, which could encourage investment and stability in the market.
Latest from Technology
Discord now says 70,000 government IDs may have leaked in provider hack
NegativeTechnology
Discord has reported a significant data breach, revealing that approximately 70,000 government IDs may have been compromised due to a hack of their service provider. This incident raises serious concerns about the security of sensitive information and the potential implications for privacy and trust in digital platforms. As more details emerge, users and officials alike are left questioning the measures in place to protect personal data.
I can't believe the most powerful laptop under $500 actually costs $349 - Asus Vivobook is the only laptop at this price that has a Core 5 120U CPU and man it's fast
PositiveTechnology
The Asus Vivobook is making waves as the most powerful laptop under $500, priced at just $349. With its impressive Core 5 120U CPU, this laptop offers exceptional speed and performance, making it a standout choice for budget-conscious consumers. This deal is significant because it provides access to high-quality technology at an affordable price, which is increasingly rare in today's market.
The Ninja Luxe Café only just landed in Australia – it's now AU$120 off for Prime Day
PositiveTechnology
The Ninja Luxe Café has just made its debut in Australia, and it's already creating a buzz by offering a fantastic AU$120 discount for Prime Day. This is great news for coffee lovers looking to elevate their brewing experience with this popular product. The timing of the sale coincides perfectly with the launch, making it an exciting opportunity for consumers to grab this sought-after item at a reduced price.
His Lab Tested Cutting-Edge Spacecraft
NegativeTechnology
Mason Peck, an aerospace engineer at Cornell University, faced a setback when a stop-work order interrupted his testing of innovative spacecraft designs. This situation highlights the challenges faced by researchers in the aerospace field, particularly when it comes to securing the necessary approvals and funding to advance their projects. Such interruptions can delay important advancements in technology that could benefit space exploration and related industries.
Homeland Security Cyber Personnel Reassigned to Jobs in Trump’s Deportation Push
NegativeTechnology
The recent reassignment of hundreds of national security specialists, including cyber personnel, by the US Department of Homeland Security to support President Trump's deportation efforts has raised significant concerns. Current and former DHS employees report that those who refuse to comply with this directive face dismissal. This move not only highlights the administration's aggressive stance on immigration but also raises questions about the impact on national security and the ethical implications of diverting resources from cybersecurity to immigration enforcement.
The Dell 14 Plus Is Now Only $650
PositiveTechnology
Great news for tech enthusiasts! The Dell 14 Plus is now available for just $650 during Prime Day, making it an excellent choice for anyone in the market for a new Windows laptop. This price drop not only highlights the value of the Dell 14 Plus but also makes it accessible to a wider audience, ensuring that more people can enjoy its features and performance.