Federal Reserve Credit increased $4.1 billion last week to $6.632 TN. Fed Credit was down $2.258 TN from the June 22, 2022, ...

The Czech government narrowly avoided a no-confidence vote linked to a $45 million bitcoin donation from a convicted criminal ...

Elon Musk's startup xAI spends $1 billion a month, as the cost of creating advanced artificial intelligence models far ...

DNA firm is back under old management, Meta is poaching AI talent, TikTok's deadline looms, Kraft goes natural with dyes, and ...

The billionaire slated to take over the controlling interest in the Los Angeles Lakers has built a career leading businesses ...

Citing the usual anonymous people familiar with the matter, Bloomberg writes that the $500 million that xAI will earn this ...

Elon Musk’s artificial intelligence startup xAI is burning through $1 billion a month, according to a Bloomberg report. The ...

Elon Musk has promised that his AI business, xAI, will help to revolutionize society. Before it can do that, however, the ...

The rate at which the company is bleeding cash provides a stark illustration of the unprecedented financial demands of the ...

Elon Musk’s AI startup xAI is in talks to finalise $4.3 billion in new equity funding and has plans to raise another $6.4 billion in capital for the next year, the company has told investors, ...

Elon Musk's AI startup, xAI, is reportedly spending $1 billion a month due to soaring costs of building advanced AI models ...

A spokesperson for Morgan Stanley, the bank in charge of xAI’s debt sale, declined to comment. Mayer Brown, GWG's law firm, ...