News

Elon Musk’s xAI Is Reportedly Burning Through $1 Billion a Month
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 burns through $1 billion a month as costs pile up
The rate at which the company is bleeding cash provides a stark illustration of the unprecedented financial demands of the ...
Elon Musk’s xAI is reportedly seeking a $4.3B equity raise
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 busca recaudar US$4.300 millones en nueva ronda de inversión para su startup xAI
La startup de inteligencia artificial de Elon Musk, xAI, está en negociaciones para recaudar US$4.300 millones a través de ...
Elon Musk continues to rage at his chatbot for citing facts
Elon Musk isn’t happy with his own AI chatbot, Grok, which is integrated with his social platform X (née Twitter). Grok ...
eWeek4h
Bloomberg: xAI Burns $1B a Month, Eyes $9.3B Raise to Fuel AI Ambitions
AI infrastructure is expensive, but xAI is one of the most buzzworthy companies in a highly competitive field.
Exclusive: Musk's xAI is on track to raise $5 billion in fresh debt, following modest demand
Elon Musk's xAI is on track to close on a $5 billion debt raise led by Morgan Stanley, despite tepid investor demand, ...
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Elon Musk’s xAI Reportedly Snags Backing From Dozens Of PE Investors At Jaw-Dropping $113B Valuation
Elon Musk’s artificial intelligence (AI) venture xAI has reportedly received more financing from private venture capital ...