xAI Lays Off 500 as Data Team Behind Grok Chatbot Faces Cuts
Artificial intelligence startup xAI laid off around 500 employees on Friday, primarily from its data annotation team responsible for training its Grok chatbot.
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Midterm Elections Could Shake Up Wall Street but History Says Stocks May Soar
Investors are bracing for potential market volatility as voters decide which party will control Congress.
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The AI Spending Frenzy Could Hit a Political Roadblock After the Midterms
Emily Peck, Axios reporter and co-author of Axios Markets, breaks down AI funding, Anthropic’s IPO and how the midterms could threaten data center investments.
