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Just over six months after raising $6 billion in a Series C round of funding at a $50 billion valuation, xAI has raised $10 ...

Elon Musk's feud with President Donald Trump has reignited, with the tech billionaire threatening to launch a new political party, and Trump suggesting Musk could be punished for his opposition.

Vice President JD Vance provided the tie-breaking vote to get Trump's bill across the finish line. It now must go back to the ...

Elon Musk's AI company, xAI, has raised $5 billion in debt and $5 billion in equity, Morgan Stanley said on Monday.

Last month, it was reported that Morgan Stanley was reaching out to investors for a $5B debt sale for the AI company.

Elon Musk’s xAI raises $10 billion to scale AI ambitions and Grok chatbot as his feud with Trump flares up, sparking ...

David Shaw's hedge fund D.E. Shaw & Co. sold 1.3 million shares of Tesla, cutting its stake 43%. Tesla had been one of the ...

XAI, the artificial intelligence startup run by Elon Musk, raised a combined $10 billion in debt and equity, Morgan Stanley said. Half of that sum was clinched through secured notes and term loans, ...