Citing the usual anonymous people familiar with the matter, Bloomberg writes that the $500 million that xAI will earn this ...

Elon Musk's xAI is facing unprecedented challenges as it burns through $1 billion a month while struggling to generate ...

Elon Musk’s artificial intelligence startup xAI is burning through $1 billion a month, according to a Bloomberg report. The ...

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

AI is in talks to raise $4.3 billion in new equity funding while burning through more than $1 billion monthly, Bloomberg reported Tuesday. The equity fundraising by Elon Musk’s company accompanies a ...

Elon Musk's AI startup, xAI, is reportedly spending $1 billion a month due to soaring costs of building advanced AI models ...

Elon Musk's artificial intelligence company, xAI, is set to raise $5 billion in debt despite lukewarm investor demand. The deal is led by Morgan Stanley.

Elon Musk’s xAI is seeking $4.3 billion in equity funding, alongside a $5 billion debt sale, amid rising AI development costs ...

Citi nudged Morgan Stanley's price target up to $130, citing revived capital markets optimism and strong wealth management performance. Citi noted Morgan Stanley’s wealth unit remains a "steady engine ...

To cover the gap, Musk’s startup is currently trying to raise $9.3 billion in debt and equity, according to people briefed on the deal terms, who asked not to be identified because the information is ...