Alphabet Inc.

Pentagon 'renegotiates' relationship with developer Claude: startup opposes military use of AI

The Pentagon may cut ties with Anthropic. What's the risk?

Apple Inc.

CBRE Group, Inc.

The iPhone was the only smartphone lineup to show sales growth in China in January. Shares of Chinese AI companies rose sharply after the releases of new models. These and other topics - in our review of key events by the morning of February 12.

Highlights for the morning: iPhone sales surge, xAI reorganization, China's AI companies on the rise

Lyft, Inc.

Samsung Electronics Co., Ltd.

The gold price is consolidating above the $5,000 mark amid weak U.S. data and expectations of a Fed rate cut. Lyft shares fell more than 17% after weak earnings and a cautious outlook, with the company betting on robotaxis and new services. Several co-founders left Elon Musk's xAI company. These and other topics - in our review of key events by the morning of February 11.

Highlights for this morning: Lyft under pressure, ByteDance makes AI chip, Musk's associates walked away from him

That's about one-sixth of current U.S. GDP

"The need for capital will be huge": Musk's data center in space estimated to cost $5 trillion a year

Tesla, Inc.

Visa Inc.

Exxon Mobil Corporation

Only 12 companies in the U.S. have a market capitalization greater than Musk's fortune

Musk's fortune surpasses $850 billion for the first time since the deal between SpaceX and xAI - Forbes

A full consolidation of assets such as SpaceX and Tesla faces the problem of the companies' value mismatch, analysts say

Wedbush has allowed SpaceX and Tesla to merge within 12-18 months. Why would Musk want to do that?

The option of merging SpaceX with Tesla was also considered, Bloomberg wrote

Musk is in advanced talks to merge SpaceX and xAI. Tesla shares fell

According to Bloomberg, a merger with Tesla is also a possibility

Musk wants to merge SpaceX and xAI into one company before IPO - Reuters

Elon Musk's AI startup xAI has grown revenue but is recording billion-dollar losses. Chinese company MiniMax soared after its IPO in Hong Kong, becoming a test of investor interest in AI software. Rising copper prices prompted Glencore and Rio Tinto to resume mega-merger talks. About these and other topics - in the review of key events by the morning of January 9.

Highlights for the morning: xAI losses, Glencore and Rio Tinto mega deal and MiniMax IPO

NVIDIA Corporation

Meta Platforms, Inc.

Chevron Corporation

Silver set a new record, gaining 15% since the beginning of 2026. Elon Musk's AI startup xAI raised $20 billion to expand its AI infrastructure and data centers. Meta faced scrutiny from China over its deal to buy startup Manus. Read about these and other topics in our review of key events as of the morning of January 7.

Top stories this morning: silver hits record high, xAI raises $20 billion, China to review Meta deal

Elon Musk's startup xAI, which is developing the Grok AI, has raised $20 billion, exceeding its initial target of $15 billion, the company <a href="https://x.ai/news/series-e">said</a>. xAI was funded by Nvidia and Cisco Systems, among others, both of which are collaborating with it as suppliers and strategic partners, CNBC<a href="https://www.cnbc.com/2026/01/06/elon-musk-xai-raises-20-billion-from-nvidia-cisco-investors.html"> reports</a>. Nvidia planned to invest up to $2 billion, Bloomberg <a href="https://www.bloomberg.com/news/articles/2026-01-06/musk-s-xai-closed-20-billion-funding-round-with-nvidia-backing?srnd=homepage-europe&amp;sref=Y0jVLcFo">previously reported </a>.

Musk's AI startup xAI raised $20 billion from Nvidia and Cisco, with a valuation of $230 billion.

Musk is by a wide margin already the world's richest businessman