xAI aims to raise $4.3 billion in funding as it faces a monthly burn of $1 billion, reflecting the high costs of AI development.
Read moreAmazon plans to invest $13 billion to expand its data centers in Australia, enhancing AI capabilities and supporting the national economy.
Read moreMeta invests $14.3 billion in Scale AI, bringing CEO Alexandr Wang on board to lead new superintelligence efforts.
Read moreMeta is reportedly negotiating over a multibillion-dollar investment in Scale AI, exceeding $10 billion, highlighting the company's shift towards AI technologies.
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