From yogurt store operator to tunneling executive, longtime Musk employee Steve Davis is bringing his unusual talents to the government.

Elon Musk’s right-hand man in charge of cost-cutting is now recruiting staff at the Department of Government Efficiency, according to a report. Steve Davis has remained loyal to Musk for years, working across his companies and even sleeping overnight in the Twitter offices with his wife and newborn during Musk’s acquisition in 2022 when the billionaire demanded his staff be “extremely hardcore,

Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million a year. For comparison, Anthropic is reportedly on pace to generate $1 billion in revenue this year, and OpenAI is targeting $4 billion by the end of 2024.

Written by Kate Conger The artificial intelligence company founded by Elon Musk, xAI, said on Monday that it had raised $6 billion, giving the startup a major lift as it competes with rivals, including OpenAI.

Elon Musk's xAI has raised $6 billion in its latest funding round, pushing its total capital raised to $12 billion at a valuation of $50 billion, reports TechCrunch. The round, which involved 97 investors,

Elon Musk's wealth is skyrocketing. His alliance with Donald Trump has him poised to 2025 more powerful than ever before.

How Elon Musk’s influence has grown both online and offline in 2024 - The billionaire’s control of X, formerly Twitter, has helped him expand his impact offline over the last 12 months.

Some Democrats have been jokingly describing Elon Musk as "President Musk," which is their way of saying that the billionaire CEO of Tesla, SpaceX and X (formerly Twitter) has way too much influence on the Republican Party and President-elect Donald Trump's incoming second administration.