The United Arab Emirates' Artificial Intelligence Minister announced the project on a video interview with Musk during the World Governments Summit.

Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid al-Maktoum on Friday signed an agreement for construction of the Dubai Loop project with Elon Musk's infrastructure firm the Boring Company, Dubai Media Office said in a statement.

Elon Musk has signed on to a new construction project in Dubai that will connect the city with dozens of underground roads. Musk's The Boring Company, which is responsible for building a similar project in Las Vegas,

Dell Technologies Inc. is in advanced stages of securing a deal worth more than $5 billion to provide Elon Musk’s xAI with servers optimized for artificial intelligence work.

A State Department spokesperson told Forbes the department has “no current plans” to move forward with the potential contract, which was initiated under the Biden administration.

Why did Elon Musk sell $5 billion worth of Tesla stock? Was it for taxes, investments, or something bigger? Dive into the real reasons behind this massive sale and what it means for Tesla’s future and the stock market!