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The AI chatbot Grok spent one day in May 2025 spreading debunked conspiracy theories about “white genocide” in South Africa, echoing views publicly voiced by Elon Musk, the founder of its parent ...
Elon Musk’s AI startup xAI is in talks to finalise $4.3 billion in new equity funding and has plans to raise another $6.4 ...
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 ...
AI is in talks to raise $4.3 billion in new equity funding while burning through more than $1 billion monthly, Bloomberg reported Tuesday. The equity fundraising by Elon Musk’s company accompanies a ...
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.
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 Musk's AI startup, xAI, is nearing a $9.3 billion capital raise despite recent tensions with President Donald Trump affecting investor sentiment.
Elon Musk’s xAI is seeking $4.3 billion in equity funding, alongside a $5 billion debt sale, amid rising AI development costs ...
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 ...
Elon Musk lashed out at his own AI chatbot, Grok, after it stated that right-wing violence has become “more frequent and deadly” than left-wing attacks. “Major fail, as this is objectively false,” ...
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 blasted his own artificial intelligence platform, Grok, over a “major fail” after it highlighted the frequency of ...