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AI raised $10 billion through loans and cash investments in July, split evenly between debt and equity. In June it sold $300 ...
The AI startup behind the controversial Grok chatbot is in early talks to raise billions, with backing from Saudi Arabia’s ...
Elon Musk's xAI is preparing to raise more money from investors in a deal that could value the artificial-intelligence ...
According to the Financial Times, xAI plans to spend $18 billion on expanding its compute infrastructure. The company trains ...
Elon Musk's xAI may soon undergo a funding round valuing it at up to $200 billion, despite claims of sufficient capital.
Elon Musks AI startup xAI is reportedly exploring a new funding round that could value the company between $170 billion and ...
Saudi Arabia's PIF sovereign wealth fund is expected to play a large role in the deal, according to the FT report. PIF holds an indirect interest in xAI through its stake in Kingdom Holdings Company, ...
Collapsing electric-vehicle sales, political fallout and an AI chatbot publishing anti-Semitic posts — much of Elon Musk’s business empire is in disarray.
There is something called the exhausted majority in the U.S. This is a documented phenomenon that does exist. And this is about two-thirds of Americans who believe that neither party listens to them, ...