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The LinkedIn cofounder unpacks the rising global instability, the political fallout between Elon Musk and Donald Trump, and ...
Elon Musk has promised that his AI business, xAI, will help to revolutionize society. Before it can do that, however, the ...
The tech exec is now wealthier than Mark Zuckerberg and Jeff Bezos, with a $250 billion fortune—but he’ll have a hard time ...
Elon Musk's AI startup, xAI, is reportedly spending $1 billion a month due to soaring costs of building advanced AI models ...
Elon Musk's xAI is burning $1 billion a month and plans to raise $9.3 billion in debt and equity to stay afloat as revenues ...
Elon Musk’s artificial intelligence startup xAI is burning through $1 billion a month as the cost of building its advanced AI models races ahead of the limited revenues, according to people briefed on ...
Between its founding in 2023 and the debt sale this year, xAI raised $14 billion through equity fundraising, the report said ...
Elon Musk's AI startup, xAI, is nearing a $9.3 billion capital raise despite recent tensions with President Donald Trump affecting investor sentiment.
For more than two years, conversations about the biggest, most important technology companies have revolved around the same ...
Investors are anxious about whether the central bank will change course on rate cuts as geopolitical turmoil and tariffs pose ...
Even before the funds hit the bank, xAI’s plans to spend over half of the new capital in just the next three months underscore the dire financial realities of the AI industry.
The Southern Environmental Law Center on behalf of the NAACP filed a 60-day intent to sue notice against xAI for alleged Clean Air Act violations.