SpaceX Acquires xAI for $250 Billion
Elon Musk’s SpaceX acquired xAI for $250 billion in stock, said a person familiar with the situation. SpaceX was valued at $1 trillion in the deal, another person familiar with the deal said. The ne...
SpaceX CFO to Hold Investor Call to Discuss xAI Deal
SpaceX chief financial officer Bret Johnsen was scheduled to hold a call with investors at 5 pm EST on Monday to discuss the company’s acquisition of xAI, according to a person with direct knowledge...
Snowflake Paying OpenAI $200 Million For Access to AI Models
Snowflake has inked a $200 million, multi-year agreement with OpenAI, under which it will incorporate the startup’s AI models in its own application-building service and equip its employees with Ope...
Shared memory is the missing layer in AI orchestration
The key to successful AI agents within an enterprise? Shared memory and context. This, according to Asana CPO Arnab Bose, provides detailed history and direct access from the get-go — with guardrai...
