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

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

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 ...

Elon Musk's xAI is raising $4.3B in equity investment after borrowing $5B. The funds will support AI chatbot Grok and other ...