Elon Musk’s artificial intelligence firm xAI is reportedly in talks to raise $9.3 billion in debt and equity financing – and is projected to burn through more than $1 billion per month year as ...

xAI, Elon Musk’s AI company, is reportedly getting ready to raise more money from investors. If it succeeds, it could push its value as high as $200 billion.

Additionally, xAI's turbines are considered a major source of a hazardous air pollutant, formaldehyde, the letter said, with "the potential to emit more than 16 tons" since xAI operations began ...

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June 30 (Reuters) - Elon Musk's xAI has completed a $5 billion debt raise alongside a separate $5 billion strategic equity investment, Morgan Stanley (MS.N) said on Monday, as the startup looks to ...

After months of backlash over alleged pollution concerns, xAI has finally secured an air permit covering some of the methane gas turbines powering its Colossus supercomputer data center in Memphis ...

Billionaire Elon Musk’s AI startup, xAI, is reportedly launching a $300 million share sale that values the company at $113 billion. The secondary stock offering, which comes after xAI acquired ...