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

Elon Musk's xAI faces a lawsuit over operating unpermitted gas turbines at its Memphis data center, leading to various ...

Elon Musk's company xAI acquired his platform X in May for €28 billion ($33 billion) - raising questions about the social ...

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 ...

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

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 ...

AI, Elon Musk's rising startup, is aiming to secure billions more in funding to fuel its AI ambitions, per a report.

Sam Altman accuses Elon Musk of trying to block OpenAI’s Stargate UAE project, escalating tensions in the global AI race.

Elon Musk's xAI faces a staggering $1 billion monthly cash burn, driven by massive AI training costs and talent acquisition, ...