Elon Musk's AI startup xAI is rapidly burning through cash — spending $1 billion a month and projecting $13 billion in losses ...

Elon Musk's xAI is facing a federal lawsuit from the NAACP over its 'Colossus' AI supercomputer, which the groups allege is illegally polluting a vulnerable Memphis community in violation of the Clean ...

NAACP may sue Elon Musk’s xAI over air pollution at Memphis AI data center, alleging illegal turbine use and violations of ...

Elon Musk has promised that his AI business, xAI, will help to revolutionize society. Before it can do that, however, the ...

Elon Musk’s artificial intelligence startup xAI is burning through $1 billion a month, according to a Bloomberg report. The ...

The rate at which the company is bleeding cash provides a stark illustration of the unprecedented financial demands of the ...

Elon Musk’s artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of its $5 billion debt funding plans, Bloomberg News reported on Tuesday, citing ...

The NAACP has threatened xAI with a lawsuit over unpermitted gas turbines at Memphis AI data center, citing pollution ...

Investors rally behind AI challenger with $5bn debt orders and $4.3bn equity push as Musk seeks edge over OpenAI.

Elon Musk’s artificial intelligence firm xAI is reportedly in talks to raise $4.3 billion in a new equity investment round.

Elon Musk's xAI is on track to close on a $5 billion debt raise led by Morgan Stanley, despite tepid investor demand, ...

Elon Musk’s AI startup xAI is reportedly seeking to raise $4.3 billion in equity funding alongside a $5 billion debt ...