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The AI startup behind the controversial Grok chatbot is in early talks to raise billions, with backing from Saudi Arabia’s ...
Elon Musk's xAI is preparing to raise more money from investors in a deal that could value the artificial-intelligence ...
The unusual behavior of Grok 4, the AI model that Musk's company xAI released late Wednesday, has surprised some experts.
AI raised $10 billion through loans and cash investments in July, split evenly between debt and equity. In June it sold $300 ...
Elon Musk denies xAI's fundraising, but the potential $200 billion valuation shows rapid growth and ambition in AI.
Elon Musk has launched xAI’s Grok 4—calling it the “world’s smartest AI” and claiming it can ace Ph.D.-level exams and ...
According to the Financial Times, xAI plans to spend $18 billion on expanding its compute infrastructure. The company trains ...
Elon Musk's xAI may soon undergo a funding round valuing it at up to $200 billion, despite claims of sufficient capital.
Saudi Arabia's PIF sovereign wealth fund is expected to play a large role in the deal, according to the FT report. PIF holds an indirect interest in xAI through its stake in Kingdom Holdings Company, ...
CEO Elon Musk's xAI is reportedly preparing to hold another formal funding round to reach a valuation surpassing $200B, ...
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