AI, Elon Musk's artificial intelligence startup, raised $5 billion in debt and $5 billion in equity. The funding will go towards xAI's efforts to build out its AI infrastructure and develop its Grok ...

Elon Musk’s xAI has raised a combined $10 billion in debt and equity, Morgan Stanley said Monday. The sum consists of $5 ...

CNBC reported last month that xAI was raising $6 billion with a post-raise valuation seen at more than $50 billion. In October, OpenAI closed a $6.6 billion funding round which valued it at $157 ...

According to the Financial Times, xAI plans to spend $18 billion on expanding its compute infrastructure. The company trains ...

Tesla Inc. shareholders will vote on whether to invest in Elon Musk’s xAI, the billionaire said, after the Wall Street ...

Elon Musk’s xAI Holdings Corp. has raised $10 billion from investors to finance artificial intelligence initiatives. The deal was announced today by Morgan Stanley, which helped the company raise the ...

Elon Musk’s artificial intelligence startup xAI is reportedly in talks for a funding round that would value the company at $40 billion. REUTERS The talks are still in the early stages.

Musk’s xAI discussing $10 billion raise at $75 billion valuation The company is a competitor to OpenAI, the AI giant that Musk helped found, and recently made an unsolicited $97.4 billion offer ...

By Carmen Arroyo and Jill R. Shah, Bloomberg. 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 ...

XAI, the artificial intelligence startup run by Elon Musk, has raised a combined $10 billion in debt and equity, Morgan Stanley said. Stream Los Angeles News for free, 24/7, wherever you are. Half ...

(Reuters) -Elon Musk's artificial intelligence startup xAI said on Thursday it has raised around $6 billion in equity financing as it races to compete with other AI firms.