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Elon Musk's xAI is preparing to raise more money from investors in a deal that could value the artificial-intelligence ...
The potential valuation comes amidst talks involving Saudi Arabia's sovereign wealth fund, which holds an indirect stake ...
Elon Musk’s artificial intelligence startup xAI has secured a $200 million ceiling contract from the U.S. Department of Defense. The company also announced its “Grok for Government” suite on Monday, ...
Having raised billions, xAI purchases an overseas power plant to support its new US data centre that will consist of one million AI GPUs and 2GW of power ...
The investment from SpaceX is part of xAI’s $5 billion equity fundraising effort, which was announced by Morgan Stanley last ...
Elon Musk's AI company, xAI, has raised $5 billion in debt and $5 billion in equity, Morgan Stanley said on Monday.