Elon Musk's artificial intelligence startup xAI is working with a financier to secure up to $12 billion more for its expansion plans, the Wall Street Journal reported on Tuesday, citing people familiar with the situation.

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

AI founder Elon Musk provided an update on the company's second Memphis campus, including plans to start bringing the site online.

AI released two AI "companions" on its Grok platform, a Japanese anime girl named "Ani" and an animated red panda called "Rudi."

AI has acquired the site of a former Duke Energy power plant in Mississippi, continuing the expansion of power infrastructure near its Memphis data centers.

The organization has teamed up with environmental groups to appeal a permit allowing Musk's company to run natural gas-burning turbines that power the facility.

In response to growing concerns over inappropriate content in artificial intelligence platforms, Elon Musk has announced a child-friendly AI application called "Baby Grok". Developed by his company xAI,

Last week, billionaire Elon Musk revelaed his AI startup's "companions," an unlikely pair of characters, including a hypersexualized goth anime girl, dubbed Ani, and an extremely vulgar red panda, named Bad Rudi.