Leaked project files from Meta, Google, and xAI expose major security lapses at Scale AI just weeks after Meta’s $14B ...

Tennessee and Mississippi officials joined together to voice concerns over xAI in Memphis and continued air pollution in the Mid-South.

Fidelity, a previous investor in Mr. Musk’s companies, plans to purchase $20 million worth of shares in the deal, which values xAI at $113 billion, the documents show.

If xAI successfully raises the $9.3 million, the company intends to deploy over half of it within the next three months, according to Bloomberg’s source. Annual spending is projected to reach ...

Billionaire Elon Musk's xAI expects to generate more than $13 billion in annual earnings by 2029, according to numbers revealed by the artificial intelligence startup's banker Morgan Stanley ...

Morgan Stanley, which is seeking investors for a $5 billion debt sale of xAI, opened the AI startup's books to those willing to commit at least $50 million, Bloomberg reported late Thursday ...

Elon Musk's $33 billion xAI acquisition of X has drawn fresh scrutiny from the European Union, as regulators evaluate potential fines under the Digital Services Act, Bloomberg News reported on ...

From how Colossus 2 will be powered to xAI's plans for future growth in Memphis, here are some lingering questions about the Elon Musk project.

Elon Musk's xAI is on track to close on a $5 billion debt raise led by Morgan Stanley, despite tepid investor demand, according to two people familiar with the matter.

Elon Musk’s xAI is burning $1 billion monthly, with plans to spend $13 billion in 2025 despite limited revenue. To stay afloat, it’s raising $9.3 billion in funding. High infrastructure costs ...

Musk’s xAI burns through $1 billion a month as costs pile up 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 ...