Morgan Stanley is reaching out to a broader pool of investors to shore up demand for a $5 billion debt sale for Elon Musk’s artificial intelligence startup xAI Corp., a deal that offers a window into the fallout from the billionaire’s feud with US President Donald Trump.

NEW YORK (Reuters) -Morgan Stanley is marketing a $5 billion package of bonds and two loans on behalf of billionaire Elon Musk-owned xAI, at the same time as a falling out between the world's richest man and the U.S. president plays out in public, sources familiar with the matter told Reuters.

Elon Musk’s xAI aims high with a $5 billion loan and $113 billion valuation, highlighting the startup’s rapid rise in the competitive AI market.

Memphis Mayor Paul Young is meeting at City Hall on Tuesday with several Tennessee State Representatives following a press conference Monday demanding a fight to prevent Elon Musk's xAI project from moving forward.

A year has passed since the xAI supercomputer project in Memphis was announced. Here is what to watch for as the project continues to expand.

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.

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 , Bloomberg News reported.

From "Project Mando" to a partnership with Hyosung HICO, here's a look at how the Memphis xAI project has played out since its June 2024 announcement.

Local civic leaders continue to question how Elon Musk’s xAI program will benefit the community among worries that it will potentially harm residents and drain resources.

Morgan Stanley is shopping a $5 billion debt package for Elon Musk's xAI and the artificial intelligence company is seeking a valuation of $113 billion in a share sale worth $300 million, according to media reports on Monday.

Memphis Mayor Paul Young announced an ordinance he is taking to the city council that would turn tax revenue from xAI into investments for Memphians. Mayor Paul Young was on News 3 at 3, defending Elon Musk’s artificial intelligence facility in an interview with Alex Coleman on Thursday.