News

Elon Musk’s xAI Is Reportedly Burning Through $1 Billion a Month
Elon Musk has promised that his AI business, xAI, will help to revolutionize society. Before it can do that, however, the ...
Elon Musk’s xAI burns through $1 billion a month as costs pile up
The rate at which the company is bleeding cash provides a stark illustration of the unprecedented financial demands of the ...
EU says it is probing corporate structure of Musk's X months after xAI deal
The European Union said on Thursday it was seeking more information from Elon Musk's X about changes to its corporate ...
eWeek2d
Bloomberg: xAI Burns $1B a Month, Eyes $9.3B Raise to Fuel AI Ambitions
AI infrastructure is expensive, but xAI is one of the most buzzworthy companies in a highly competitive field.
NAACP plans to sue Elon Musk's xAI over air pollution in Memphis
The Southern Environmental Law Center on behalf of the NAACP filed a 60-day intent to sue notice against xAI for alleged ...
Daily Memphian19h
XAI stockpiling massive equipment at vacant Mississippi lot
Filings with the Securities and Exchange Commission shed further light on xAI and Solaris Energy Infrastructure’s joint ...
Musks xAI verbrennt $1 Milliarde pro Monat - Kosten des Grok-Entwicklers steigen
Das KI-Startup xAI von Elon Musk hat dem Vernehmen nach zuletzt monatlich rund eine Milliarde Dollar verbraucht. Grund sind ...
Group leads march in Downtown Memphis to protest Elon Musk's xAI
Tigers Against Pollution led a march in Downtown Memphis in protest of Elon Musk's artificial intelligence company, xAI.
Musk's xAi increases yield offer on $5 billion debt raise, source says
Elon Musk's xAi is increasing the yield it is offering on a $5 billion debt raise led by Morgan Stanley, a source with ...
The Business Times1h
Musk’s xAI extends deadline and ups yield on bonds following lukewarm demand: source
NEW YORK] Elon Musk’s xAi extended the deadline and increased the yield it is paying on a US$5 billion debt sale following lukewarm reception from investors, a source with direct knowledge of the ...
xAI faces legal threat over alleged Colossus data center pollution in Memphis
After thermal imaging appeared to show that xAI lied about suspected pollution at its Colossus supercomputer data center ...