Elon Musk's xAI is seeking $12 billion more to lease Nvidia chips for a second AI data centre, Colossus 2, as it races to ...

Looking down the back of the sofa Elon Musk is scraping together yet more billions to keep xAI from falling behind in the ...

XAI is tapping into the booming private-credit market to find the cash it needs to build massive data centers.

OpenAI, which recently announced a $40 billion round of financing, is seeking funding from new and existing investors to fulfill the deal.

Axios Visuals OpenAI is finding that financing and building the massive data centers it needs to meet its ambitions is easier said than done. Why it matters: There's no limit on AI builders' hunger ...

Elon Musk is reportedly seeking up to $12 billion, just weeks after raising $10 billion for xAI to stay competitive in the costly AI race. Insiders say xAI has partnered with Valor Equity Partners, ...

Forced by the stalled $500B Stargate project with SoftBank, OpenAI is reopening its $40B funding round to seek urgent ...

AI accounted for nearly two-thirds of all fundraising deal value in the first half of 2025, with the bulk of those dollars ...

The Department of Justice wants to interview Jeffrey Epstein’s former girlfriend Ghislaine Maxwell, who was convicted of ...