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

The rate at which the company is bleeding cash provides a stark illustration of the unprecedented financial demands of the ...

Elon Musk's artificial intelligence startup xAI is burning through $1 billion a month as the cost of building its advanced AI ...

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.

A closer look into Sean “Diddy” Combs’ sexual mindset revealed disturbing details his ex-girlfriend never expected to uncover.

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

Elon Musk’s artificial intelligence firm xAI is reportedly in talks to raise $4.3 billion in a new equity investment round.

Elon Musk's xAI is aiming to raisE a staggering $9.3 billion in a high-stakes gamble to fund its 'Colossus' supercomputer and ...

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

AI expands its enterprise footprint as Elon Musk's Grok 3 model arrives on Oracle Cloud. The deal underscores a major ...