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 ...
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 ...
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.
Daily Memphian18h
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 ...
NAACP, environmental group notify Elon Musk’s xAI company of intent to sue over facility pollution
The NAACP has filed an intent to sue Elon Musk’s artificial intelligence company over air pollution from a supercomputer data ...
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 ...
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 is facing a lawsuit for operating over 400 MW of gas turbines without permits
The Colossus data center was allegedly operating as many as 35 gas turbines without pollution controls in a region that ...