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 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.
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 seeking investors for a $5 billion debt sale for Elon Musk's xAI Corp., which is currently facing ...
If your artificial intelligence firm isn’t also a chipmaker and cloud provider, are you even an AI company?That’s what it’s ...
Morgan Stanley markets $5 billion financing for Elon Musk's xAI amid controversy with Trump. Explore the implications for AI ...
Morgan Stanley is reaching out to a broader pool of investors to shore up demand for a $5 billion debt sale for Elon Musk’s ...