Elon Musk Says He Has Sold X to His A.I. Start-Up xAI
The deal combined two of Mr. Musk’s companies, which have been on different trajectories. The transaction valued xAI at $80 billion and X at $33 billion, the billionaire said....
CoreWeave Disappoints on Opening of Trading
The start-up, which provides the processing power to help develop A.I. systems, faces questions about its debt and the overall economy....
CoreWeave Scales Back Ambition for Its I.P.O.
The company, which originally expected its shares to be priced between $47 and $55, will ask for $40 a share in a sign of stock market uncertainty....
