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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, ...
One billion US dollars per month: that's how much it will cost to operate xAI
AI providers have immense costs. According to a media report, xAI, a company owned by Elon Musk, is currently making a loss ...
Musk’s xAI startup burns through $1.3b a month as costs pile up
The company is currently trying to raise US$9.3 billion in debt and equity to cover the gap. Read more at straitstimes.com.
Musk's xAI in talks to raise $4.3 billion in equity funding, Bloomberg News reports
Elon Musk's AI startup xAI is in talks to raise $4.3 billion through an equity investment on top of its $5 billion debt ...
Musks xAI verbrennt $1 Milliarde pro Monat - Kosten des Grok-Entwicklers steigen
Das KI-Startup xAI von Elon Musk hat dem Vernehmen nach zuletzt monatlich rund eine Milliarde Dollar verbraucht. Grund sind ...
Elon Musk’s xAI is reportedly seeking a $4.3B equity raise
Elon Musk's xAI company is looking to raise $4.3 billion in equity funding, adding onto the $5 billion it's seeking in debt ...
Musk’s xAI burns through $1bn 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 ...
Oracle cloud to add xAI's Grok 3 model to lineup for corporate customers
Oracle said on Tuesday that its cloud computing division is working with Elon Musk's artificial intelligence firm xAI to ...