Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk’s xAI scored a victory in Mississippi, where regulators on Tuesday authorized the artificial intelligence company to build a power plant with 41 natural gas-burning turbines in the town of Southaven to power its nearby data centers. The Mississippi Department of…
Elon Musk waves to the crowd during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2026. Denis Balibouse | Reuters With Elon Musk’s xAI planning to build a massive, natural-gas burning power plant in Southaven, Mississippi, the state’s environmental authority has scheduled a board meeting for Tuesday — Election Day…
Even as retail traders flee the crypto markets amid plummeting prices, large financial institutions continue to lean into digital assets. That’s positioned STS Digital, a Bermuda-based startup that caters towards institutional investors, to benefit, and it’s raised $30 million to expand its offerings despite the crypto downturn. STS Digital lets deep-pocketed traders buy and sell…
Tesla is suing California’s Department of Motor Vehicles to reverse a ruling that found the automaker violated the law by falsely promoting its cars’ self-driving capabilities. The suit comes two months after the state’s Office of Administrative Hearings determined that Tesla engaged in false advertising, and said the DMV could temporarily suspend the company’s licenses…
DBS, Southeast Asia’s largest bank, and Granite Asia, an Asia-focused investment fund, are launching a new “first-of-its-kind” partnership to support new startups, underpinned by a new $110 million AI-focused IPO fund offered exclusively to DBS’s high-wealth clients. The partnership, which will continue for three years, is part of a push to provide more capital for…