News

Elon Musk's company xAI acquired his platform X in May for €28 billion ($33 billion) - raising questions about the social ...
European regulators are examining structural changes at Elon Musk's social media platform X following its acquisition by xAI.
The package now includes $3 billion of bonds with a 12.5% yield, a $1 billion fixed-rate term loan with a 12.5% interest rate ...
Elon Musk’s $33 billion xAI acquisition of X has drawn fresh scrutiny from the European Union, as regulators evaluate ...
Elon Musk's xAI faces a lawsuit over operating unpermitted gas turbines at its Memphis data center, leading to various ...
Tesla CEO Elon Musk says that the EV giant is working closely with the billionaire's AI venture xAI, which works on the AI model Grok.
Elon Musk's AI startup xAI is rapidly burning through cash — spending $1 billion a month and projecting $13 billion in losses ...
The rate at which the company is bleeding cash provides a stark illustration of the unprecedented financial demands of the ...
Sam Altman accuses Elon Musk of trying to block OpenAI’s Stargate UAE project, escalating tensions in the global AI race.
Citing the usual anonymous people familiar with the matter, Bloomberg writes that the $500 million that xAI will earn this ...
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 seeks $9.3 billion in new equity and debt funding for its AI operations, including Grok development.