News

Shelby County Health Department has approved a permit for xAI's 15 natural gas turbines at the Paul R. Lowry Road site in Memphis.
Elon Musk’s $33 billion xAI buyout of social media platform X has sparked new scrutiny from the European Union as regulators size up a penalty under the Digital Services Act.
Where's the permit? xAI faces legal threat over alleged Colossus data center pollution in Memphis NAACP demands a meeting to discuss xAI's alleged pollution in Memphis.
Elon Musk’s artificial intelligence firm xAI is reportedly in talks to raise $4.3 billion in a new equity investment round.
MEMPHIS, Tenn. (AP) — The NAACP filed an intent to sue Elon Musk’s artificial intelligence company xAI on Tuesday over concerns about air pollution generated by a supercomputer located near ...
Elon Musk’s artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of the $5 billion it has recently been trying to borrow from debt investors ...
Musk’s xAI Is Trying to Borrow $5 Billion While His Relationship With Trump Blows Up Bankers worry the fight will affect an ongoing deal to raise money for xAI’s data centers By Alexander ...
Billionaire Elon Musk's xAI expects to generate more than $13 billion in annual earnings by 2029, according to numbers revealed by the artificial intelligence startup's banker Morgan Stanley ...
Elon Musk’s xAI aims high with a $5 billion loan and $113 billion valuation, highlighting the startup’s rapid rise in the competitive AI market.
XAI Corp., the artificial intelligence startup founded by Elon Musk, is arranging a $5 billion debt sale that will help the company to keep up its lavish spending on data center infrastructure as ...
Elon Musk's artificial intelligence startup xAI is pursuing a $300 million share sale that would value the combined entity at $113 billion.