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

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.

Cryptopolitan on MSN · 14h

Elon Musk raises fresh $10 billion from lenders and investors for xAI

Elon Musk’s artificial intelligence company, xAI, has raised $10 billion in fresh capital, according to Morgan Stanley, which handled the financing. Half of that came from secured notes and term loans,

YourStory · 10h

Elon Musk’s xAI secures $10B in debt and equity funding

Elon Musk's xAI will use the fresh capital to fuel its AI development efforts, including its large-scale data centre projects and Grok, its flagship AI platform.

New York Post3mon

OpenAI raises $40B at $300B valuation in round led by SoftBank - New York Post

Sam Altman’s OpenAI has raised $40 billion in a new funding round led by investment giant SoftBank as it looks to stave off rivals like Elon Musk’s xAI and China-based DeepSeek.. The ChatGPT ...

Revolut chief in line for Musk-style payday at $150bn valuation

Nik Storonsky struck deal before SoftBank funding round that awards him more shares if valuation clears set hurdles ...

The Independent1mon

Japanese tech giant SoftBank records its first profit in 4 years

Japanese technology company SoftBank Group has posted its first profit in four years, ... Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest ...

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