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

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

The rate at which the company is bleeding cash provides a stark illustration of the unprecedented financial demands of the ...

Elon Musk's AI startup xAI is rapidly burning through cash — spending $1 billion a month and projecting $13 billion in losses ...

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

Elon Musk's artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of its ...

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

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 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 ...

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

Elon Musk’s $33 billion xAI acquisition of X has drawn fresh scrutiny from the European Union, as regulators evaluate ...

The company, xAI, has installed several dozen turbines in Memphis without proper permits, the group said, polluting a nearby ...