News

XAI, the artificial intelligence startup run by Elon Musk, raised a combined $10 billion in debt and equity, Morgan Stanley ...
Elon Musks xAI is seeking $4.3 billion in equity funding, alongside a $5 billion debt sale, amid rising AI development costs.
Between its founding in 2023 and the debt sale this year, xAI raised $14 billion through equity fundraising, the report said ...
Elon Musk's artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of its $5 billion debt funding plans, Bloomberg News reported on Tuesday, citing ...
AI, Elon Musk's AI venture, secured $10 billion in debt and equity, boosting infrastructure and Grok AI development.
Elon Musk’s artificial intelligence company, xAI, has raised $10 billion in fresh capital, according to Morgan Stanley, which handled the financing. Half of that came from secured notes and term loans ...
Microsoft and OpenAI are increasingly resembling rivals seeking separation after years of partnership, with tensions rising ...
BYD continues to lead global electric car sales, outperforming major US rival Tesla for the third consecutive quarter, Yifan Yu of Nikkei Asia writes.
Two days after he was inaugurated, President Donald Trump underscored his administration's focus on AI innovation with a ...
June 17, 2025, at 9:44 a.m. ... Reuters FILE PHOTO: A 3D-printed miniature model of Elon Musk and the xAI logo are seen in this illustration taken January 23, 2025. REUTERS/Dado Ruvic/Illustration ...
The S&P 500 edged higher on Wednesday (July 2) following President Donald Trump’s announcement of a trade deal between the US ...