Musk’s xAI Expands Fundraise to $20 Billion

Bloomberg’s Ed Ludlow discusses the plan laid out by the Trump administration and several states to have tech companies pay for surging energy prices following the rise of AI data centers. Plus, AI coding startup Replit nears a $9 billion valuation in a new funding round. And the ...  Show more

Bloomberg’s Caroline Hyde and Ed Ludlow discuss TSMC’s strong earnings and forecast, a sign that demand related to AI remains robust. Plus, OpenAI strikes a $10 billion deal with Cerebras for compute, and hunts for hardware partners across data centers and consumer devices. And N ...  Show more

Automotive News’ Larry P. Vellequette and Hannah Lutz discuss Tesla’s proposal to give CEO Elon Musk a compensation package worth up to $1 trillion. They also talk about three automakers announcing EV production or staffing cuts amid headwinds and demand challenges.

Carl Quintanilla, Jim Cramer and David Faber led off the show with breaking news: UK Prime Minister Liz Truss resigns after 44 days in office and market turmoil during her term. Tesla shares fall on mixed quarterly results and a lowered vehicle delivery target. Should you buy the ...  Show more

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Elon Musk said he’s committed to still leading Tesla Inc. five years from now and expects to pare back his political spending, assuaging some investors’ concerns about the future of his most valuable company. T ...  Show more

Elon Musk’s politics have eroded Tesla’s appeal among some core buyers of electric vehicles. Some customers have started getting rid of their Teslas, and the company’s sales are down worldwide. Meanwhile, Musk is looking at new ways to expand Tesla’s business. WSJ’s Becky Peterso ...  Show more