Elon Musk's xAI is burning through $1 billion a month as the startup struggles to develop revenue streams, leading to a $9.3 ...

While you ask Grok if this clearly doctored video is real, Elon Musk becomes $1 billion poorer at his xAI startup every month ...

One of the best parts of my job is laughing at the truly terrible, deeply flawed, occasionally frightening AI images that pop ...

Elon Musk's AI startup, xAI, is reportedly spending $1 billion a month due to soaring costs of building advanced AI models ...

Even before the funds hit the bank, xAI’s plans to spend over half of the new capital in just the next three months underscore the dire financial realities of the AI industry.

Elon Musk’s xAI is reportedly raising $4.3B to rival OpenAI and Google. The AI race is heating up, and Musk is betting big on ...

I have been calling for tech companies to come up with industry standards to fight terrorist use of their platforms. The time ...

LLMs like ChatGPT and Claude may have "eaten up" search volume, but there are productive ways to stay ahead of the evolving ...

AI providers have immense costs. According to a media report, xAI, a company owned by Elon Musk, is currently making a loss ...

To cover the gap, Musk’s startup is currently trying to raise $9.3 billion in debt and equity, according to people briefed on the deal terms, who asked not to be identified because the information is ...

The company is currently trying to raise US$9.3 billion in debt and equity to cover the gap. Read more at straitstimes.com.

The rate at which the company is bleeding cash provides a stark illustration of the unprecedented financial demands of the ...