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Musk’s xAI in Talks to Raise $4.3 Billion in Equity Funding
Elon Musk’s artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of the $5 billion it has recently been trying to borrow from debt investors, according to information the company shared with investors who asked not to be identified because it is private.
Elon Musk is selling $5 billion in debt for his artificial intelligence startup, xAI Corp., the latest in a series of fundraising efforts across his business empire as the billionaire pivots away from ...
XAI Corp., the artificial intelligence ... of a more substantial investment round targeting external investors. The latest financial maneuver comes just weeks after Musk controversially merged ...
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Musk’s xAI facility brings ‘opportunity’ to Memphis, mayor saysBut Memphis Mayor Paul Young sees it as an “opportunity for us to benefit as a city.” The project is forecasted to generate ...
Memphis landed a $12 billion project to house Elon Musk’s supercomputer, which some say will transform the city. It has been ...
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