The funding will go towards xAI’s efforts to build out its AI infrastructure and develop its Grok chatbot.
Month: July 2025
Some banks say Trump’s ‘big, beautiful bill’ will be a boon for the U.S. economy
In a letter Sunday, the American Bankers Association said it “strongly supports” many provisions within the bill for the “much needed tax relief” they offer.
European stocks to open flat to higher as investors survey the trade talks, tariff landscape
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Amazon CEO Jassy says AI will lead to ‘fewer people doing some of the jobs’ that get automated
Amazon CEO Andy Jassy said that while the company continues to hire for AI, some jobs will require fewer employees because of automation.
Asia-Pacific markets trade mixed as investors assess gains on Wall Street and Trump’s tariff plans
U.S. stock futures ticked down in early Asian hours after two of the three key benchmarks on Wall Street notched another record close in Monday’s […]