Grok was launched from Musk’s AI startup xAI back in 2023 as a rival to OpenAI’s ChatGPT. Late last year, it was added to the ...

A spokesperson for Morgan Stanley, the bank in charge of xAI’s debt sale, declined to comment. Mayer Brown, GWG's law firm, ...

Elon Musk's AI startup, xAI, is reportedly in discussions to secure $4.3 billion in equity funding, following recent attempts ...

Elon Musk’s ambitious artificial intelligence venture, xAI, is reportedly rapidly exhausting its financial reserves, with estimates suggesting a staggering monthly expenditure of approximately $1 ...

Between its founding in 2023 and the debt sale this year, xAI raised $14 billion through equity fundraising, the report said ...

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

That deal will enable xAI employees to sell their shares, ahead of a more substantial investment round targeting external investors. The latest financial maneuver comes just weeks after Musk ...

Google is reportedly ending its relationship with Scale AI due to Meta's acquisition of a significant stake, raising concerns ...

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

Elon Musk’s xAI is burning $1 billion monthly, with plans to spend $13 billion in 2025 despite limited revenue. To stay ...

Elon Musk's xAI faces a staggering $1 billion monthly cash burn, driven by massive AI training costs and talent acquisition, ...

The world is on fire, and that’s giving some of the richest men the audacity of hope. Hope that their billions, brains and ...