The xAI facility in Memphis will be doubling its energy demand from 150 to 300 megawatts between its first two phases, MLGW ...

AI aimed to release its next major model, Grok 3, in 2024 — but missed that deadline. It adds to a trend among AI companies.

Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million ...

On Tuesday, city leaders are set to talk with MLGW leaders about the supercomputer's strain and those new streetlights that ...

In total, 97 investors were involved in this round of funding, with the minimum investment per participant pegged at $77,593.

AI finished raising $6 billion in new funding and has begun receiving Nvidia GB200 chips. The chips are arriving about a ...

Fidelity has boosted its valuation of the two Musk startups for the third month in a row, according to recent filings.

XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) declares $0.077/share monthly dividend, Forward yield 13.75% ...

Elon Musk's xAI has secured a totak of $6 billion in Series C funding, bringing its total funding to $12 billion.

Grok, the AI assistant developed by Elon Musk’s xAI, has officially launched its beta version for iOS. iPhone and iPad users ...

NVIDIA Corp. invested $1 billion across 50 startup funding rounds and several corporate acquisitions in 2024, intensifying ...

CHICAGO, Jan. 02, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.077 per share of the Trust’s ...