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Elon Musk's xAI raises $10 billion in debt and equity

CNBC on MSN · 1d

Elon Musk's xAI raises $10 billion in debt and equity as it steps up challenge to OpenAI

AI, Elon Musk's artificial intelligence startup, raised $5 billion in debt and $5 billion in equity. The funding will go towards xAI's efforts to build out its AI infrastructure and develop its Grok chatbot.

SiliconANGLE · 19h

Elon Musk’s xAI raises $10B to upgrade its AI infrastructure

Elon Musk’s xAI Holdings Corp. has raised $10 billion from investors to finance artificial intelligence initiatives. The deal was announced today by Morgan Stanley, which helped the company raise the funds.

Entrepreneur on MSN · 12h

Elon Musk's xAI Raises USD 10 Bn to Power AI Ambitions

Elon Musk's artificial intelligence company, xAI, has raised USD 10 billion in a mix of debt and equity funding, according to Morgan Stanley. The investment bank, which led the financing, announced the deal on Tuesday.

Daily Memphian9h

XAI raises $10 billion. What does it mean for Memphis?

News of xAI securing more funding also comes as the company looks to move ahead on one of its key promises to Memphis — a ...

14h

Last-minute twist in xAI deal brings Barclays, MUFG, and UBS on board

Barclays Plc, Mitsubishi UFJ Financial Group Inc. and UBS Group AG were added to the recent bond and loan sale for Elon ...

NextBigFuture17h

Tesla Starting Integration of XAI Grok With Cars in Week or So

XAI Grok is being integrated with Tesla cars. Premium connectivity is needed. This will launch in a week or so.

3don MSN

10 Artificial Intelligence (AI) Companies to Buy Now and Hold Forever

Nvidia and Broadcom are examples of semiconductor stocks that provide strong exposure to artificial intelligence. Microsoft ...

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