Elon Musk is raising $5 billion in debt for xAI Corp. to fund AI infrastructure, with Morgan Stanley managing the debt sale.

Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.

Why Integral Humanism is relevant to the UPSC exam? What is the significance of topics such as India-MERCOSUR, Axiom Mission ...

A Reform spokesperson heralded the first Doge meeting at Kent Count Council as ‘very productive’ but admits there is no ...

A tech expert warns that by 2300, the global population could dwindle to 100 million due to artificial intelligence slowly ...

Elon Musk’s artificial intelligence company xAI is launching a $300 million share sale, a dramatic scale-back from the $20 ...

Elon Musk is selling US$5 billion in debt for his artificial intelligence (AI) start-up, xAI, the latest in a series of ...

XAI Corp., the artificial intelligence startup founded by Elon Musk, is arranging a $5 billion debt sale that will help the ...

Elon Musk is arranging a $5 billion debt sale for his artificial intelligence startup xAI Corp., the latest funding move as ...

XAI has been under fire from Memphis community groups over its use of 35 methane turbines without Clean Air Act permits or ...

Elon Musk’s artificial intelligence startup xAI is allowing employees to sell $300 million worth of shares to investors, in a deal that values the company at $113 billion. That’s the same price for ...

AI, the artificial intelligence startup founded and run by Tesla (TSLA) CEO Elon Musk, reportedly plans to hold a $300M share ...