Elon Musk's xAI aims for a $113 billion valuation through a $300 million share sale and a $5 billion debt package from Morgan Stanley.

Elon Musk’s artificial intelligence startup xAI is allowing employees to sell $300 million worth of shares to investors, in a deal that values the company at $113 billion. That’s the same price for ...

In addition to the debt sale, xAI is also selling $US300 million in stock that values the company at $US113 billion, ...

The deal would allow employees to sell shares to investors. Read more at straitstimes.com. Read more at straitstimes.com.

AI, the artificial intelligence startup founded and run by Tesla (NASDAQ:TSLA) CEO Elon Musk, reportedly plans to hold a ...

As Mr. Musk steps away from Washington, he faces concerns over his prolonged absence from his businesses including Tesla, ...

Elon Musk’s xAI is launching a $300mn share sale that values the group at $113bn, as the world’s richest man returns to his ...

A new letter from SoundCloud CEO Eliah Seton states: "We don’t build generative AI tools, and we don’t allow third parties to ...

Elon Musk has announced a new messaging service called XChat, combining online communication, social networking, and AI features into one single app.

Reform UK is set to send in its first Elon Musk-style Department of Government Efficiency (Doge) unit to look at “wasteful ...

Reform UK’s first Elon Musk-style Department of Government Efficiency (Doge) will visit Kent County Council today.