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 firm xAI is reportedly in talks to raise $4.3 billion in a new equity investment round.

Elon Musk's AI startup, xAI, is nearing a $9.3 billion capital raise despite recent tensions with President Donald Trump affecting investor sentiment.

Between its founding in 2023 and the debt sale this year, xAI raised $14 billion through equity fundraising, the report said ...

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.

At the heart of the dispute is OpenAI's desire to restructure to a for-profit business, a move that requires Microsoft's ...

Elon Musk’s xAI aims to raise $4.3 billion in equity amid $13B 2025 burn rate and $80B valuation, Bloomberg reports.

The rate at which the company is bleeding cash provides a stark illustration of the unprecedented financial demands of the ...

AI, Elon Musk's rising startup, is aiming to secure billions more in funding to fuel its AI ambitions, per a report.

Elon Musk’s artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of the ...

Elon Musk's artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of its ...