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

Elon Musk’s artificial intelligence startup xAI is burning through $1 billion a month as the cost of building its advanced AI ...

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 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 burning through $1 billion a month, according to a Bloomberg report. The ...

Elon Musk’s AI startup xAI is in talks to finalise $4.3 billion in new equity funding and has plans to raise another $6.4 ...

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 ...

CEO Elon Musk's xAI is burning roughly $1 billion a monthand could spike to a $13 billion cash burn in 2025as the Grok ...

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 ...

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 company is currently trying to raise US$9.3 billion in debt and equity to cover the gap. Read more at straitstimes.com.