xAI
Elon Musk’s AI Venture xAI Devours Nearly $8 Billion in First Nine Months
January 9, 2026 – According to internal documents obtained by Bloomberg, Elon Musk’s artificial intelligence (AI) firm xAI is burning through cash at an alarming rate. The company’s heavy investments in data center infrastructure, talent acquisition, and software development have led to soaring losses, all in pursuit of supporting its ambitious humanoid robot project. Data…
Elon Musk to Unveil xAI’s Pioneering ‘Vibe Coding’ Tool Grok Build Next Month
January 9, 2026 – Elon Musk took to X platform yesterday (January 8) to make an exciting announcement. He revealed that xAI is set to upgrade Grok Code next month, enabling it to handle multiple complex programming tasks in one go. According to a blog post published by tech media outlet BleepingComputer on the same…
Musk-Backed xAI Hits Jackpot with $20B Series E, Far Exceeding Initial Fundraising Expectations
January 7, 2026 – Elon Musk’s AI startup, xAI, made a significant announcement today, revealing that it has successfully closed a massive 20billionSeriesEfundinground,surpassingitsinitialtargetof15 billion. According to xAI, the round attracted investments from a diverse group of high-profile backers. Valor Equity Partners, Fidelity, and the Qatar Investment Authority (QIA) were among the key institutional investors. Additionally,…
Musk Secures New Office Space in SF Bay Area for Neuralink and xAI’s Big Move
October 18, 2025 – According to a report from the “San Francisco Business Times” on October 9 this month, Elon Musk has rented a five – story office building in the southern part of San Francisco. This building, with a total area of 144,000 square feet (about 13,378 square meters), is set to become the…
xAI’s Grok 4 Fast: Blazing Speed Up to 10 Times Faster Than Standard Version
September 16, 2025 – Elon Musk’s xAI has unveiled a new addition to its product lineup: the Grok 4 Fast model. This latest offering is now accessible to users via the model selector on the Grok web platform. To use it, users need to activate a newly added toggle switch labeled “early access Beta” in…
Elon Musk Says Apple Breaches Antitrust Law, xAI Set for Swift Legal Battle
August 12, 2025 – On August 11 local time, Elon Musk took to the social media platform X to voice his strong dissatisfaction with Apple. Musk claimed that X is the top – ranked news application globally, while Grok holds the fifth position among all apps. He then questioned Apple’s refusal to include either X…
Elon Musk’s Grok 4 Now Free for All: Limited Daily Queries for Non-Subscribers
August 11, 2025 – In a major announcement this morning, Elon Musk revealed that Grok 4, the latest AI model from xAI, is now accessible to all users at no cost. While free users will have a daily limit on the number of queries they can make, those who exceed this cap will have the…
Musk: xAI Lures Meta Engineers Without “Ridiculous” Compensation Packages
August 4, 2025 – Elon Musk has made a startling revelation: Despite xAI’s initial compensation packages not being “outrageously” high, several senior engineers from Meta are making the leap to his AI venture. Musk is confident that, in the long run, xAI’s valuation will surpass that of Meta. He also highlighted xAI’s tradition of offering…
SpaceX to Pump $2 Billion into Musk’s xAI: A Strategic Leap Forward
July 14, 2025 – According to a recent report from The Wall Street Journal, Elon Musk’s SpaceX has inked a deal to pour $2 billion into xAI, a move that accounts for nearly half of the latter’s latest equity financing round. It’s also hinted that more agreements could be on the horizon between the two…
Musk’s xAI Amasses $10B, Sets Sights on Creating the World’s Most Powerful AI
July 2, 2025 – According to a CNBC post on July 1, Elon Musk has secured a whopping 10billiontofuelhisAIambitionsandintensifythecompetitionwithOpenAI.Thisfundingcomesintheformofa5 billion debt and $5 billion equity combination. Morgan Stanley revealed on the same day that xAI, the AI company led by Musk, has raised a total of 10billionthroughamixofdebtandequity.Specifically,5 billion was obtained via secured notes and term…
- 1
- 2
