News

Musk’s xAI Burning Through $1 Billion a Month as Costs Pile Up
Elon Musk’s artificial intelligence startup xAI is trying to raise $9.3 billion in debt and equity, but even before the money ...
The New York Times5mon
Elon Musk’s xAI Raises $6 Billion in New Funding
By Kate Conger The artificial intelligence company founded by Elon Musk, xAI, said on Monday that it had raised $6 billion, giving the start-up a major lift as it competes with rivals, ...
Business Insider5mon
Elon Musk's xAI raises $6 billion in fresh funding: 'We are gonna need a bigger compute!'
Elon Musk's xAI raised $6 billion in its Series C fundraising, the startup announced on Monday. The round's participants included Sequoia Capital, and Nvidia and AMD were strategic investors.
New York Post6mon
Elon Musk’s xAI raises $6B in equity financing as AI race heats up
Elon Musk’s artificial intelligence startup xAI has raised another $6 billion from investors as it ramps up competition with Sam Altman-led OpenAI, according to a regulatory filing. XAI – ...
Forbes5mon
XAI Valuation Reaches Over $40 Billion After $6 Billion Funding Round
Elon Musk’s xAI announced Monday it raised $6 billion in a Series C funding round, putting the company’s value at more than $40 billion as it continues to strengthen its AI products and ...