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 ...

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

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

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.

The latest earnings season will be another test for the "Magnificent 7" tech behemoths, some of which have recovered more ...

The company has already made cost-cutting strides this month, axing about 9,000 employees in its latest round of layoffs.

Not Elon Musk, Jeff Bezos, or Mark Zuckerberg but Oracle co-founder Larry Ellison has become the world’s highest-earning ...

President Trump is unveiling an “AI Action Plan,” shaped by Silicon Valley tech leaders who supported his campaign.

Oracle and OpenAI plan to expand the Stargate project's 4.5 gigawatt data centre capacity. The enlargement comes after the ...

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily ...