Investments into xAI would help Grok better compete with OpenAI's ChatGPT by increasing capital toward research and ...

The potential valuation comes amidst talks involving Saudi Arabia's sovereign wealth fund, which holds an indirect stake through an $800m investment.

Elon Musk is integrating AI across his companies and blurring the lines between them.

Shareholders are being urged to invest in his high-risk AI venture xAI, which runs the chatbot Grok and has integrated Musk’s ...

A key part of the funding plan includes borrowing $12.5 billion from loans backed by more than $62.5 billion worth of Tesla shares that Mr. Musk owns—or about 40% of his stake at Wednesday’s ...

Elon Musk says he scrapped his plans to take Tesla private after hearing from investors like Cathie ... Musk was testifying in the trial over a 2018 tweet saying he had funding to take Tesla private.

Tesla rejects xAI merger but Elon Musk plans shareholder vote on investment as SpaceX contributes $2 billion to AI startup funding round.

Mr. Musk wrote on Twitter on Aug. 7, 2018, that he had “funding secured” for the deal. ... Musk Says Buyout Plan to Take Tesla Private Didn’t Involve ‘a Specific Number ...

Elon Musk, on trial for civil fraud over his “funding secured” tweet, argued his take-private Tesla plan was a solid “handshake” deal— the same kind of deal he uses to buy houses. Jan ...

Elon Musk said on Monday that he had not lied or misspoken about his plan to take Tesla off the stock market in 2018, testifying in federal court that Saudi Arabia’s sovereign wealth fund had ...

Elon Musk says he’s secured $46.5 billion in funding for a takeover of Twitter Inc. But more than two-thirds of that is either coming from his own pocket or borrowing against his Tesla shares.

Elon Musk was blasted Wednesday following revelations that the Trump administration plans to spend $400 million on "armored” Teslas in what’s reportedly the State Department’s biggest ...