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Coverage Timeline

2026-01-29
CNBC 10 related

SK Hynix announces a new US-based “AI Company” from a restructuring of its California-based subsidiary Solidigm, and commits at least $10B to the new entity

South Korean memory giant SK Hynix announced Wednesday that it will set up a new U.S.-based company focused …

2024-04-17
Financial Times 45 related

Microsoft invests $1.5B in Abu Dhabi-based AI startup G42 for a minority stake, after G42 severed ties with Chinese suppliers; Brad Smith will join G42's board

The Emirati AI Giant That Just Got A $1.5 Billion Investment From Microsoft Chris McKay / Maginative : Microsoft Invests $1.5 Billion in UAE's G42 Matthias Bastian / The Decoder : Microsoft invests $1...

2023-07-13
Bloomberg 48 related

Elon Musk forms xAI, a startup he will lead to “understand the true nature of the universe”; the staff has worked at Google, Microsoft, Tesla, OpenAI, and more

Today we announce the formation of xAI.  The goal of xAI is to understand the true nature of the universe. Reuters : Elon Musk launches AI firm xAI as he looks to take on OpenAI Kara Carlson / USA Tod...

2023-04-16
Wall Street Journal 19 related

Filing: Elon Musk creates X.AI Corp., a privately held AI company incorporated in Nevada, and authorizes the sale of 100M shares

Name of new Nevada-incorporated organization suggests link to billionaire's interest in everything app  —  Elon Musk has created a new artificial intelligence …

2023-04-15
Wall Street Journal 25 related

Filing: Elon Musk creates X.AI Corp., a privately held AI company incorporated in Nevada, and authorizes the sale of 100M shares

Name of new Nevada-incorporated organization suggests link to billionaire's interest in everything app  —  Elon Musk has created a new artificial intelligence …

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