Elon Musk’s artificial intelligence firm xAI is reportedly in talks to raise $9.3 billion in debt and equity financing – and is projected to burn through more than $1 billion per month year as ...

xAI blamed an 'unauthorized modification' for a bug in its AI-powered Grok chatbot that caused Grok to repeatedly refer to "white genocide in South Africa" when invoked in certain contexts on X.

Thermal imaging of xAI's Memphis facility prompted allegations that more than 30 of xAI’s methane gas turbines are operating without environmental permitting.

Now, bankers worry the blown-up relationship between Musk and Trump will affect xAI’s $5 billion debt deal.. For nearly 2½ years, Wall Street didn’t know what to make of Musk’s control of X ...

Elon Musk's xAI is on track to close on a $5 billion debt raise led by Morgan Stanley, despite tepid investor demand, according to two people familiar with the matter.

xAI, the artificial intelligence startup founded and run by Tesla (NASDAQ:TSLA) CEO Elon Musk, reportedly plans to hold a $300M share sale for new investors, according to the Financial Times. The ...

The deal values xAI at a staggering $80 billion and X at $33 billion. However, the total valuation of X was originally set at $45 billion, with a $12 billion debt adjustment bringing it down to ...

How AI is reshaping our world and who's cashing in 05:26. Billionaire Elon Musk on Friday said his artificial intelligence startup xAI is buying his social networking platform X in a deal valuing ...

The Colossus data center operated by xAI outside of Memphis is facing a lawsuit for operating a fleet of natural gas turbines without permits. “Over the past year, xAI has installed and operated ...

Elon Musk's AI startup xAI will pay Telegram $300 million to deploy its Grok chatbot on the messaging app, aiming to tap the platform's more than one billion users and sharpen its competitive edge ...

Elon Musk's xAI is paying the messaging platform Telegram a cool $300 million to introduce the chatbot Grok to its users.The terms of the deal are extremely favorable to Telegram, as the $300 ...

Musk’s xAI Is Trying to Borrow $5 Billion While His Relationship With Trump Blows Up. Bankers worry the fight will affect an ongoing deal to raise money for xAI’s data centers. By .