funding
Elon Musk Calls Jeff Bezos "Copycat" Following Launch of $6.2 Billion AI Venture Project Prometheus
Nov 18, 2025 02:10 pm CST
Elon Musk has reignited his rivalry with Jeff Bezos by calling him a "copycat" after Bezos announced Project Prometheus, a new $6.2 billion AI venture focused on engineering and manufacturing. This continues their long-standing competition across multiple tech domains including space exploration, satellite internet, and now artificial intelligence, with Bezos returning to an operational role for the first time since stepping down as Amazon CEO.
Nvidia's $2 Billion Investment in Elon Musk's xAI as Part of $20 Billion Financing Deal
Oct 08, 2025 02:20 pm CST
Elon Musk's xAI is securing a $20 billion financing package with Nvidia investing up to $2 billion in equity. The deal includes a special purpose vehicle to purchase Nvidia processors for xAI's Colossus 2 data center in Memphis, with a unique structure splitting $7.5 billion in equity and $12.5 billion in debt. Despite Musk's earlier denial of fundraising, the capital-intensive AI startup reportedly burns through $1 billion monthly.
"Potholes Caused By Nature": DK Shivakumar Amid Backlash Over Bengaluru Roads
Sep 20, 2025 02:56 pm CST
Responding to criticism regarding the pothole menace in Bengaluru, Deputy Chief Minister DK Shivakumar, who is also the Bengaluru Development Minister, stated on Saturday that potholes are not created but develop because of natural causes
'Jaish' No More. Hit By Sanctions, Banned Terror Group Changes Name
Sep 20, 2025 01:05 pm CST
Banned terrorist group Jaish-e-Mohammed will now be known as Al-Murabitun - which means 'defenders of Islam' in Arabic - within Pakistan, intel sources told NDTV this week.
Over 1,800 Flights Hit, Hundreds Cancelled At Dallas Airports After Telecom Outage
Sep 20, 2025 09:54 am CST
More than 1,800 flight were delayed and hundreds were canceled at the two Dallas-area airports on Friday, after a telecom outage prompted the Federal Aviation Administration to issue ground stops.