Tech
Elon Musk’s xAI to raise $5 billion through debt sale
Elon Musk's xAI is seeking $5 billion in debt financing, with Morgan Stanley managing the offering, to fuel its AI infrastructure expansion, including a massive data centre in Memphis. This move comes as Musk shifts focus back to his businesses after a period of political involvement. The debt package has already seen strong investor demand, exceeding $3.5 billion.
Poll of the Day
Will Trump 2.0 mean good news for Indian startups?
Trending Stories
Tech Newsletters
Happy Tuesday! As the food delivery market cools, aggregators are scrambling to find growth avenues. This and more in today’s ETtech Morning Dispatch.
B2B ecommerce unicorn Udaan raised fresh funds in a round led by existing investors. This and more in today’s ETtech Top 5.
After a torrid time on Dalal Street, new-age firms have taken a turn towards profitability in the March quarter. This and more in today’s ETtech Morning Dispatch.
Tech Bytes
IISc researchers develop bacteria to repair bricks in space; samples to be sent onboard Gaganyaan
A sample of the bacteria may now be sent to space as part of the Gaganyaan mission to study its behaviour in microgravity. With India planning future manned lunar missions, this development could play a crucial role in developing sustainable, self-repairing habitats on the moon.
Satellite manufacturing company HEX20 launches India's first private payload hosting satellite
Developed in just four months, 'Nila' was launched via Berlin-based satellite deployer company, Exolaunch aboard SpaceX Transporter-13 on March 15 at 12:13 pm (IST).
Private lunar lander Blue Ghost falls silent on the moon after a 2-week mission
Firefly Aerospace's Blue Ghost lander completed a successful lunar mission, conducting NASA experiments before shutting down at sunset. It marked the first private moon landing without failure, with future missions planned.
Tech Videos
