News

Days after exit from politics, Elon Musk taps investors for $5 billion debt funding for xAI, $650 million for Neuralink
Elon Musk is raising $5 billion in debt for xAI Corp. to fund AI infrastructure, with Morgan Stanley managing the debt sale.
NAACP leaders call for shutdown of xAI in Memphis, examination of impact on public health
NAACP leaders are calling for immediate shutdown of xAI facilities in Memphis, criticizing Shelby County Health Department ...
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As EPA mulls air permit decision, Zeldin met with xAI
XAI has been under fire from Memphis community groups over its use of 35 methane turbines without Clean Air Act permits or ...
MLGW fires back in letter to NAACP on xAI turbines
MLGW officials called the NAACP's claims against the utility baseless, saying that the organization's letter indicates a lack ...
XAI Octagon Floating Rate & Alternative Income Trust decreases monthly dividend by -9.1% to $0.07/share
XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) declares $0.07/share monthly dividend, -9.1% decrease from ...
xAI to pay Telegram $300M to integrate Grok into the chat app
Telegram CEO Pavel Durov on Wednesday said Elon Musk's AI company, xAI, is investing $300 million worth of cash and equity in ...
Toncoin falls 7% as Elon Musk refutes Telegram founder’s claims of a $300 million xAI partnership
Toncoin, the cryptocurrency tied to the Dubai-based messaging app Telegram, tumbled 7% on Thursday after tech billionaire ...