News

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 SpaceX rockets keep blowing up at the worst possible time
As Elon Musk returns his focus to his businesses, one of his most important companies just had another setback: A SpaceX Starship rocket exploded in an immense fireball Wednesday during a routine ...
NAACP, environmental group notify Elon Musk’s xAI company of intent to sue over facility pollution
The NAACP has filed an intent to sue Elon Musk’s artificial intelligence company over air pollution from a supercomputer data ...
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 ...
eWeek1d
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, ...
Stocktwits on MSN6d
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 ...
Benzinga on MSN2d
Google, Microsoft, Elon Musk's xAI Reportedly Cut Ties With Scale AI After Mark Zuckerberg's Meta Buys Stake
Google is reportedly cutting ties with Scale AI after Meta acquired a 49% stake in the data-labeling startup, according to ...