Elon Musk’s artificial intelligence startup, xAI, is racing against time to secure $9.3 billion in new debt and equity funding, but it’s not just about the money; it’s about the staggering pace at ...

Elon Musk’s xAI is reportedly raising $4.3B to rival OpenAI and Google. The AI race is heating up, and Musk is betting big on ...

Elon Musks xAI is burning $1 billion monthly, with plans to spend $13 billion in 2025 despite limited revenue. To stay afloat ...

To catch up in the AI race, Elon Musk’s xAI is going to have to burn some proverbial rubber — and lots and lots of literal cash.

AI providers have immense costs. According to a media report, xAI, a company owned by Elon Musk, is currently making a loss ...

"Grok 3 represents a leap forward in AI capabilities and Oracle’s advanced data platform will accelerate its impact on ...

xAI’s Grok models are now available on Oracle Cloud Infrastructure (OCI), which allows customers to use the models through ...

Elon Musk lashed out at his own AI chatbot, Grok, after it stated that right-wing violence has become “more frequent and ...

To cover the gap, Musk’s startup is currently trying to raise $9.3 billion in debt and equity, according to people briefed on the deal terms, who asked not to be identified because the information is ...

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 artificial intelligence start-up is seeking to raise US$9.3 billion, with plans to spend over half of it in just the next ...