Elon Musk’s AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion as investors bet big on challengers to companies like OpenAI in the intensifying AI race. The funding round was backed by investors including Andreessen Horowitz and Sequoia Capital, the company said…
DETROIT — The United Auto Workers union is challenging the results of last week’s organizing vote of Mercedes-Benz workers in Alabama,…
Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion. After Thursday’s rally, which…
High inflation is subsiding, but many Americans have yet to see relief from elevated prices at the grocery store. “Grocery prices…
Car shoppers should have an easier time finding good deals this Memorial Day weekend than last. Dealerships are sitting…
Boeing and NASA are moving forward with the launch of the company’s Starliner capsule, set to carry U.S. astronauts for…
Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red…
Tesla CEO Elon Musk said that he doesn’t support President Biden’s recent announcement of a tariff on Chinese-made electric vehicles. “Neither Tesla nor I…
Many live music fans likely met the news that the U.S. Justice Department is seeking to break up Ticketmaster…