Venture Capital

• Elon Musk's xAI raises $20 billion from investors including Nvidia, Cisco, Fidelity - Elon Musk's AI said it raised $20 billion in new funding after CNBC reported in November that a financing round would value the company at about $230 billion.
• Elon Musk's X faces probes in Europe, India, Malaysia after Grok generated explicit images of women and children - Regulators in Europe, India and Malaysia are scrutinizing X after exploitative images created with the Grok chatbot went viral on Elon Musk's social network.
• Tesla reports 418,227 deliveries for the fourth quarter, down 16% - Tesla's fourth-quarter deliveries report follows a steep rally in the company's stock in the last few months of 2025.
• Private Equity, Saddled With Investments It Can’t Sell, Loses Its Luster - As funds deliver mediocre returns and sheds investors, the industry is struggling to unload 31,000 investments, an increase over this time last year.
• Does China Have a Robot Bubble? - The Chinese government is betting that robots will drive economic growth. But the bots can’t really do much yet.
• Tesla stock hits record as Wall Street rallies around robotaxi hype despite slow EV sales - Wall Street's bullishness on Tesla has returned after the stock had its worst performance since 2022 in the first quarter of the year.
• Tesla stock closes at 2025 high after Musk confirms driverless Robotaxi tests underway in Austin - Tesla CEO Elon Musk said in a social media post that his company is testing driverless cars in Austin without a safety driver in the vehicle.
• Palantir CIO Jim Siders leaves to become head of Thrive Capital's new IT services business - Siders spent more than 12 years at Palantir, recently overseeing its global IT operations, business applications and infrastructure.
• Rivian announces new AI tech, in-house chip and robotaxi ambitions - The company has also developed AI models to power its Autonomy+ subscription, which it intends to roll out early next year for $2,500 upfront or $49.99 a month.
• This is the No.1 reason startups fail in the first two years, according to the founder of Europe's largest pre-seed fund - "The number one reason companies typically fail in the first 18 to 24 months is that founders fall out with each other or don't get along," one VC said.