News

CEO Elon Musk's xAI is burning roughly $1 billion a monthand could spike to a $13 billion cash burn in 2025as the Grok ...
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 ...
The average yield-to-maturity on high-yield bonds closed Monday at 7.6%, according to the ICE BofA High Yield Index. Musk's ...
Elon Musk’s artificial intelligence startup xAI is trying to raise $9.3 billion in debt and equity, but even before the money ...
Elon Musk's xAI is on track to close on a $5 billion debt raise led by Morgan Stanley, despite tepid investor demand, ...
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 AI startup xAI is reportedly seeking to raise $4.3 billion in equity funding alongside a $5 billion debt ...
Between its founding in 2023 and when the debt sale was launched this year, xAI raised $14 billion through equity fundraising ...
Elon Musk’s generative artificial intelligence startup xAI is seeking to raise an additional $4.3B through an equity offering ...
Elon Musk’s artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of the ...
Morgan Stanley is reaching out to a large pool of investors to strengthen demand for a $5 billion debt sale for Elon Musk's ...