News

Elon Musk’s xAI is reportedly seeking a $4.3B equity raise
Elon Musk's xAI company is looking to raise $4.3 billion in equity funding, adding onto the $5 billion it's seeking in debt ...
xAI faces legal threat over alleged Colossus data center pollution in Memphis
After thermal imaging appeared to show that xAI lied about suspected pollution at its Colossus supercomputer data center ...
NAACP, environmental group notify Elon Musk’s xAI company of intent to sue over facility pollution
The NAACP has filed an intent to sue Elon Musk’s artificial intelligence company over air pollution from a supercomputer data ...
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Bloomberg: xAI Burns $1B a Month, Eyes $9.3B Raise to Fuel AI Ambitions
AI infrastructure is expensive, but xAI is one of the most buzzworthy companies in a highly competitive field.
Exclusive: Musk's xAI on track to raise $5 billion in fresh debt, following modest demand
Elon Musk's xAI is on track to close on a $5 billion debt raise led by Morgan Stanley, despite tepid investor demand, ...
NAACP plans to sue Elon Musk's xAI over air pollution in Memphis
The Southern Environmental Law Center on behalf of the NAACP filed a 60-day intent to sue notice against xAI for alleged ...
Musk’s xAI in Talks to Raise $4.3 Billion in Equity Funding
Elon Musk’s artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of the ...
xAI is facing a lawsuit for operating over 400 MW of gas turbines without permits
The Colossus data center was allegedly operating as many as 35 gas turbines without pollution controls in a region that ...