xAI

Artificial intelligence company founded by Elon Musk, developer of the Grok model series. - Acquired by SpaceX in February 2026

Three years ago, Anthropic had not yet earned a dollar in revenue. This week, it closed a $30 billion funding round—the second-largest private tech raise in history—at a $380 billion valuation. The company now generates $14 billion in annualized revenue, having grown tenfold in each of the past three years.

Updated Feb 13

AI startup founded by Elon Musk that develops the Grok chatbot and operates the Colossus supercomputer, one of the world's largest AI training facilities. - Acquired by SpaceX, now subsidiary

Elon Musk's SpaceX has acquired his artificial intelligence startup xAI in a $250 billion deal—the largest acquisition in corporate history, surpassing Vodafone's $203 billion purchase of Mannesmann in 2000. The combined entity is valued at $1.25 trillion, with SpaceX contributing $1 trillion and xAI $250 billion. The merger consolidates three of Musk's companies under one roof: SpaceX's rocket and satellite businesses, xAI's Grok chatbot and AI infrastructure, and X (formerly Twitter), which xAI absorbed in March 2025. Within days of the merger announcement, Musk began publicly articulating the orbital data center vision, appearing on the 'Cheeky Pint' podcast in early February 2026 to argue that solar panels produce five times more power in space than on Earth, making orbital AI infrastructure economically superior to terrestrial data centers by 2028.

Updated Feb 6

Musk founded xAI in 2023 to develop Grok, an AI chatbot that competes with OpenAI's ChatGPT and trains on X user data. - Acquired by SpaceX; subject of multiple investigations

French prosecutors raided X's Paris offices on February 3, 2026, and summoned Elon Musk for questioning—a first for a major social media platform owner in Europe. What began as a complaint about biased algorithms in January 2025 has expanded into a criminal probe covering child sexual abuse material, sexually explicit deepfakes, and Holocaust denial, with the investigation now encompassing X's artificial intelligence chatbot Grok.

Updated Feb 3

xAI is an artificial intelligence company founded by Elon Musk in 2023 to develop advanced AI systems with a focus on understanding the universe. - Building $20 billion, 2-gigawatt data center campus in Mississippi

Since late 2022, U.S. regulators and utilities have warned that a new class of digital infrastructure—AI-optimized data centers—could reshape national power demand, ending an era of flat electricity consumption and forcing a rapid buildout of generation and transmission. By early 2026, those warnings have crystallized into concrete challenges: PJM Interconnection's December 2025 capacity auction hit the $333.44/MW-day price cap and failed to meet reliability requirements for the first time in its history, with data centers accounting for $6.5 billion—or 40%—of the auction's $16.4 billion in costs. Regional grid operators now project U.S. data center electricity consumption will grow from 183 terawatt-hours (TWh) in 2024 to over 400 TWh by 2030, while the International Energy Agency (IEA) estimates data centres globally could more than double their electricity use to approximately 945 TWh in the same timeframe, with AI-optimized servers as the main driver.

Updated Jan 27

Musk's AI company that developed Grok and acquired X in March 2025. - Under investigation in multiple jurisdictions

For decades, Western democracies debated whether to regulate social media platforms. The UK just stopped debating—and now the United States is joining the fight. After Grok, Elon Musk's AI chatbot, generated an estimated one nonconsensual sexualized image per minute—posted directly to X—regulators on both sides of the Atlantic are taking action. On January 15, X announced it will geoblock Grok from creating images of people in revealing clothing in jurisdictions where it's illegal. This came one day after California Attorney General Rob Bonta opened an investigation into xAI, calling the platform 'a breeding ground for predators.' Meanwhile, UK Prime Minister Keir Starmer told Parliament that X is 'acting to ensure full compliance,' having removed over 600 accounts and censored 3,500 content items. The alternative: fines up to 10% of global revenue or a complete platform ban.

Updated Jan 15

Musk's AI company developing Grok as a 'truth-seeking' alternative to ChatGPT, now facing its first major regulatory crisis. - Facing multi-jurisdiction regulatory pressure

AI image generators have been creating non-consensual intimate imagery since 2017. Until now, no government had blocked one. On January 10, 2026, Indonesia became the first country to shut off access to xAI's Grok after users discovered it would readily 'undress' photos of women and children—generating what analysts estimate at roughly one such image per minute. Malaysia followed with both a block and an announcement of legal action against X and xAI.

Updated Jan 14