Elon Musk’s xAI Jumps on the Bandwagon of Rich Startups ‘Benefiting Humanity’

Elon Musk’s artificial intelligence company xAI organized in Nevada as a for-profit benefit corporation, The Information reported on Tuesday. The company behind the Grok chatbot is the latest AI startup to give itself an unusual corporate structure that, on paper, prioritizes the public good alongside its profits, following in the footsteps of OpenAI and Anthropic. … Read more

SpaceX’s new Bandwagon program is an enormous risk to small launch suppliers

SpaceX is increasing its rideshare program with a brand new sequence of missions aimed toward assembly the demand for launches to mid-inclination orbits. The brand new program, which was quietly introduced at an area business convention earlier this month, is the newest signal that SpaceX intends to take no prisoners within the small launch market. … Read more