memo

SpaceX Acquires XAI. Read Elon Musk’s Memo.

It’s official: Elon Musk is combining SpaceX and xAI as he overhauls his sprawling business empire.Musk told workers in a Monday memo that SpaceX has acquired xAI, his AI company, sources familiar with the matter confirmed to Business Insider.The CEO wrote that the deal would create “the most ambitious, vertically-integrated…

Internal Microsoft CFO Memo Calls Out AI Deals, Coding, and Chips

After Microsoft reported results on Wednesday, CFO Amy Hood sent an internal memo to employees calling attention to recent developments in AI chips and coding tools, and deals with OpenAI and Anthropic.Hood sends these emails every quarter when Microsoft discloses its financials. Her missives mostly rehash what the company reports…