Elon Musk has promised that his AI business, xAI, will help to revolutionize society. Before it can do that, however, the ...

Elon Musk's xAI company is looking to raise $4.3 billion in equity funding, adding onto the $5 billion it's seeking in debt ...

The artificial intelligence start-up is seeking to raise US$9.3 billion, with plans to spend over half of it in just the next ...

The new equity infusion is luring investors back into the debt offering for xAI, Elon Musk’s “anti-woke” artificial ...

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

Elon Musk's startup xAI spends $1 billion a month, as the cost of creating advanced artificial intelligence models far ...

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 is setting the stage for what could ... according to people familiar with the matter. This comes after xAI secured $6 billion in late 2024, giving the company a $50 billion valuation ...

Citing the usual anonymous people familiar with the matter, Bloomberg writes that the $500 million that xAI will earn this ...

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

Elon’s xAI is burning over $1 billion every month and plans to spend $13 billion in 2025. The company is raising $9.3 billion ...

Elon Musk’s artificial intelligence startup xAI is burning through $1 billion ... and it already has plans to raise another $6.4 billion of capital next year, the company has told investors.