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 ...

Elon Musk's AI startup, xAI, is reportedly spending $1 billion a month due to soaring costs of building advanced AI models ...

David vs. Goliath: The NAACP and the Southern Environmental Law Center are readying for an xAI fight of biblical proportions.

Even before the funds hit the bank, xAI’s plans to spend over half of the new capital in just the next three months underscore the dire financial realities of the AI industry.

In Asia, Japan +0.9%. Hong Kong -1.1%. China flat. India -0.2%. In Europe, at midday, London flat. Paris -0.1%. Frankfurt ...

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 ...