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

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 ...

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

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.

Elon Musk's affirmation of more affordable Tesla EVs coming soon was a surprise to his team. Plus: how legal are Trump's EV ...

Memphis landed a $12 billion project to house Elon Musk’s supercomputer, which some say will transform the city. It has been ...

Elon Musk raised funding to build the world's biggest AI supercomputer, in pursuit of AGI. His AI startup built its valuation ...

Evangelical leaders praised Trump as the "AI President," and urged responsible AI development to balance economic prosperity with ethical concerns in a new letter.

San Francisco's vacancy rate is expected to decline later this year thanks to OpenAI and other AI startups that are leasing ...

In an interview with Sen. Ted Cruz (R-TX) in March, Musk said that within 10 years, “AI could probably do anything better ...