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View all search resultsElon Musk's xAI Holdings is in talks with investors to raise roughly US$20 billion in funding for his newly combined artificial intelligence start-up and social media business, Bloomberg News reported on Friday, citing people familiar with the matter.
An in-house workers union has issued a scathing statement demanding the scandal-ridden company to call off the mass layoff planned for next month, maintain its operations and review potential business lines, as well as publish a clarification on an ongoing investigation into alleged fraud.
RoboTechX Lab founder Judhi Prasetyo says that research and development is where Indonesia's once-thriving tech industry is falling flat, warning that not doing so risks the country losing its competitive edge and failing its up-and-coming talent.
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