VENTURE CAPITAL POST

Tesla Motors Inc CEO Elon Musk and other prominent tech company executives raised $1 billion through an initiative called Open A.I. to fund an artificial intelligence research company.

Amazon.com founder Jeff Bezos-owned space company, Blue Origin, has surpassed a significant milestone as its rocket ship returned and landed safely after travelling in outer space.

Luxury vehicles as much as possible are perfectly manufactured from every angle to maintain company's repute and market. Tesla, despite being relatively small as compared to automakers, cares more about its repute. Even a single fault discovered in its luxury vehicles isn't tolerated.

Faraday Future comes as a new challenger for Tesla in building electric car. The Chinese-backed startup company has invested $1 billion to build factory in America. Other than electric car, Faraday Futures also prepares "rolling smartphone" as a different business model in automotive industry.

Tesla's stock went up 8.5 percent to $226 after reporting their third quarter earnings where it delivered more cars than expected. Reuters reported that the car company will boost up the production of its electric cars after its Model X SUV saw a strong rollout, bringing its stock up 9 percent even as it reported its biggest loss in ten quarters.

A partnership between Boeing Co. and Lockheed Martin Corp. known as United Launch Alliance (ULA) has sealed a deal with Jeff Bezo's space company, Blue Origin. The new partnership agreement took place as Aerojet Rocketdyne Holdings was reported to have made an offer to buy the joint venture company for a reported amount of $2 billion cash.

As part of its objective to promote industrial and business activity, Florida County has offered incentives to Blue Origin to make and launch rockets near NASA's Kennedy Space Center. Blue Origin has been promoted by billionaire Jeff Bezos, founder and Chief Executive of Amazon.com. The space center is coming up in Brevard County.

Hyperloop Transportation Technologies had agreed to work with Oerlikon Leybold Vacuum and engineering design company, Aecom, to build Elon Musk's vision; the Hyperloop tube.

Elon Musk has identified the possible reason why SpaceX's Falcon 9 rocket exploded mid-air on June 28th. And he says there's a valuable lesson to be learned.

Elon Musk, the brain behind Tesla, SolarCity, and SpaceX, has previously presented what he calls the fifth mode of transport - the Hyperloop.

NASA will partner with Boeing and SpaceX to build commercially owned and operated "space taxis" to fly astronauts to the International Space Station, ending U.S. dependence on Russia for rides, officials said on Tuesday.

A Space Exploration Technologies Falcon 9 rocket blasted off from Cape Canaveral Air Force Station in Florida on Sunday to put a commercial communications satellite into orbit.

After announcing via press conference that its Falcon 9 rocket has successfully made a soft landing in the ocean, Elon Musk expressed his desire for Space X and other private companies to join the bidding for military rocket launch contracts.

Facebook founder Mark Zuckerberg, Hollywood actor Ashton Kutcher, and Tesla founder Elon Musk invested $40 million in the second funding round of secretive artificial intelligence (AI) startup Vicarious.

Cupertino, US-based smartphone giant Apple considered purchasing Palo Alto, California-based electric car manufacturer Tesla, according to a San Francisco Chronicle report citing an unnamed source.