xAI burned $6.4B last year — SpaceX’s IPO filing shows why the spending is far from over
Elon Musk’s xAI lost $6.4 billion from operations on just $3.2 billion in revenue in 2025, according to SpaceX’s IPO filings. And the losses are poised to grow.
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Elon Musk’s xAI lost $6.4 billion from operations on just $3.2 billion in revenue in 2025, according to SpaceX’s IPO filings. And the losses are poised to grow.
It feels like short video clips from podcasts, songs, and movies are suddenly everywhere on social media right now, and that’s not an accident.
committed to spending over $2.8 billion in recent months to buy gas turbines to power data centers for its artificial intelligence unit, the company revealed in a regulatory filing on Wednesday.The relatively large investment shows that Musk is continuing to double down on gas turbines, even after S
OpenAI claims its new reasoning model has produced an original mathematical proof disproving a famous unsolved conjecture in geometry, which was first posed by Paul Erdős in 1946. If this sounds familiar to you, it’s because this isn’t the first time OpenAI has made such a bold claim.
Earlier this month, Anthropic surprised the AI world with a deal to buy 300 megawatts’ worth of compute — securing the entire output of the Colossus 1 data center near Memphis, Tennessee. Turns out, compute at that scale isn’t cheap.
Elon Musk’s xAI has gotten itself in hot water over its use of polluting generators at its data center near Memphis, Tennessee.
A day after Elon Musk lost his lawsuit that threatened OpenAI’s structure, leadership, and finances, the AI giant is ready to move forward with its initial public offering, sources told the Wall Street Journal. OpenAI chief executive Sam Altman reportedly hopes that his company will be ready to go p
my OpenClaw a real robot arm to play with. The results just about blew my own neural network.The AI agent was able to configure the arm, use it to see and slowly grab things, and even train another AI model to pick up and place specific objects.
Industry insiders say the next big thing in AI is “proactive” systems: agents that can anticipate a user’s needs — and fulfill them — before the user even knows what those needs are. One startup that’s looking to make headway in this area is IrisGo.
Your shot at VC access, global visibility, TechCrunch coverage, and $100,000 in equity-free funding is gone in a week. Startup Battlefield 200 applications close May 27.
A day after Elon Musk lost his lawsuit that threatened OpenAI’s structure, leadership, and finances, the AI giant is ready to move forward with its initial public offering, sources told the Wall Street Journal. OpenAI chief executive Sam Altman reportedly hopes that his company will be ready to go p
Last year marked the beginning of Google’s explicit focus on AI search, and this year’s I/O solidified that shift.
Your shot at VC access, global visibility, TechCrunch coverage, and $100,000 in equity-free funding is gone in a week. Startup Battlefield 200 applications close May 27.
NanoCo, the company behind security-focused OpenClaw alternative NanoClaw, has raised an oversubscribed $12 million seed round following a viral launch, its founders tell TechCrunch. The funding was led by Valley Capital Partners and saw participation from Docker, Vercel, Monday.com, Slow Ventures,
Stability AI, the company behind Stable Diffusion, is releasing a new family of audio models, called Stability Audio 3.0.
Yesterday’s big news was Google’s plan to blow up its traditional Search in favor of an AI-powered experience — but Google isn’t the only company planning for the next generation of discoverability.
This is today's edition of The Download, our weekday newsletter that provides a daily dose of what's going on in the world of technology. Colossal Biosciences is growing chickens in a 3D-printed artificial eggshell The baby chicks were shifting and starting to pip—or trying to hatch.
The startup Boston Metal has raised a $75 million funding round to produce critical metals, MIT Technology Review can exclusively report. The company has been known largely for its efforts to clean up steel production, an industry that's responsible for about 8% of global greenhouse emissions toda
Over the last few months, Figma has struck partnerships with Anthropic and OpenAI to bake in support for AI CLI tools like Claude Code and Codex to allow users to use these coding environments alongside its design software.
Alibaba has unveiled a new AI processor built specifically for AI agents, pairing the chip announcement with a multi-year silicon roadmap and a new large language model, signalling that the company is building an integrated AI stack rather than just filling a gap left by US export controls.The Zhenw