The company is currently trying to raise US$9.3 billion in debt and equity to cover the gap. Read more at straitstimes.com.

Elon Musk’s artificial intelligence startup xAI is burning through $1 billion a month as the cost of building its advanced AI models races ahead of the limited revenues, according to people briefed on ...

An undated video that appears to show Pakistan Army Chief General Asim Munir shopping at a mall is being widely circulated on ...

Das KI-Startup xAI von Elon Musk hat dem Vernehmen nach zuletzt monatlich rund eine Milliarde Dollar verbraucht. Grund sind ...

The artificial intelligence start-up is seeking to raise US$9.3 billion, with plans to spend over half of it in just the next ...

Elon Musk's artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of the $5 billion it has recentl.

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The new equity infusion is luring investors back into the debt offering for xAI, Elon Musk’s “anti-woke” artificial ...