May 26 (Reuters) - Elon Musk's AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion as investors bet big on challengers to companies like OpenAI in the intensifying AI race. The funding round was backed by investors including Andreessen Horowitz and Sequoia Capital, the company said in a blog post on Sunday....

MILAN (Reuters) - Fiat owner Stellantis ( STLA ) is expected to announce on Monday a hybrid version of its 500e small electric car to be produced at its Mirafiori plant in Italy, two sources familiar with the matter said, confirming a report by Automotive News Europe. The announcement is expected at a meeting scheduled in Turin between CEO Carlos...

SYDNEY, May 27 (Reuters) - More than 2,000 people were buried alive by a massive landslide in Papua New Guinea last week, the national disaster centre said on Monday, as treacherous terrain and the difficulty of getting aid to the site raises the risk few survivors will be found. The numbers of those buried around Yambali village in Enga province...

SHANGHAI, May 27 (Reuters) - AliExpress, an e-commerce site owned by Chinese giant Alibaba ( BABA ), has signed former England soccer captain David Beckham as a brand ambassador as it plays catch-up with rival PDD Holdings' ( PDD ) Temu in a battle to sell cheap made-in-China goods to the world. A low-key cross-border player until recently, Alibaba (...