OpenAI accused Elon Musk’s artificial intelligence company of “systematic and intentional destruction” of evidence in xAI’s lawsuit accusing the ChatGPT maker of trying to thwart competition in emerging markets.

(This Jan 30 story has been repeated with no changes to the text) By Jonathan Stempel Jan 30 (Reuters) - A federal judge signaled on Friday she may dismiss a lawsuit by Elon Musk's artificial intelligence startup xAI accusing Sam Altman's rival OpenAI of stealing trade secrets to gain an unfair advantage in developing AI technology.

Musk's merger of SpaceX and xAI turns a future IPO into a bet on space-based data centers and a $1.25 trillion vision for AI compute beyond the planet.

SpaceX announced today that it has acquired xAI, Elon Musk’s AI company, in a deal that creates a combined entity reportedly valued at $1.25 trillion ahead of a planned IPO. The acquisition notably does not include Tesla,

Judge hints she may dismiss xAI’s (X.AI) lawsuit accusing Microsoft (MSFT)-backed OpenAI of poaching staff and stealing Grok trade secrets. Read more here.

SpaceX and OpenAI and their leaders, Elon Musk and Sam Altman, are among tech's biggest figures. Both could IPO in 2026.