Apollo Global Management Inc. is trying to open up trading on a private debt deal supporting Elon Musk’s artificial intelligence startup xAI Corp., according to people with knowledge of the matter.The asset manager has told other lenders it’s willing to buy more of the $3.

Malaysian authorities have announced legal action against Elon Musk's social media platform X and its AI unit xAI

Elon Musk’s artificial intelligence company, xAI, plans to invest $20 billion to build a data center called MACROHARDRR in Mississippi. NBC News’ Gadi Schwartz reports on the project, as local residents have raised concerns about potential environmental and noise impacts.

Initial public records provided to The Daily Memphian showed only a fraction of xAI’s true electric consumption and almost none of its natural gas usage, prompting questions about incomplete disclosure.

AI completed its upsized Series E funding round, exceeding the $15 billion targeted round size, and raised $20 billion. Investors participating in the round

The company behind the Grok large language model said that investors in the funding round included the Qatar Investment Authority, Valor Equity Partners, Stepstone Group, MGX and Baron Capital Group,

Elon Musk's xAI has reported a staggering net loss over the last three months, bringing the year's total losses to $7.8 billion.

Elon Musk’s artificial intelligence startup xAI is burning cash quickly, with losses mounting as it spends to build data centers, recruit talent and develop software that will eventually power humanoid robots,