News

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 AI startup xAI is in talks to raise $4.3 billion through an equity investment on top of its $5 billion debt ...
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 ...
WASHINGTON] Elon Musk’s artificial intelligence startup xAI is in talks to raise US$4.3 billion through an equity investment ...
Elon Musk’s generative artificial intelligence startup xAI is seeking to raise an additional $4.3B through an equity offering ...
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.
How president and tech titan choose to escalate their bitter feud could have far-reaching consequences for them ... and us ...
Elon Musk is raising $5 billion in debt for xAI Corp. to fund AI infrastructure, with Morgan Stanley managing the debt sale.