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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 has promised that his AI business, xAI, will help to revolutionize society. Before it can do that, however, the ...
The European Union said on Thursday it was seeking more information from Elon Musk's X about changes to its corporate ...
Filings with the Securities and Exchange Commission shed further light on xAI and Solaris Energy Infrastructure’s joint ...
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 ...
Elon Musk's artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of its ...
The rate at which the company is bleeding cash provides a stark illustration of the unprecedented financial demands of the ...
Elon Musk’s $33 billion xAI acquisition of X has drawn fresh scrutiny from the European Union, as regulators evaluate ...
AI infrastructure is expensive, but xAI is one of the most buzzworthy companies in a highly competitive field.
Elon Musk's xAI is on track to close on a $5 billion debt raise led by Morgan Stanley, despite tepid investor demand, ...
The Colossus data center was allegedly operating as many as 35 gas turbines without pollution controls in a region that ...
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