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Musk's xAI in talks to raise $4.3 billion in equity funding, Bloomberg News reports
Elon Musk's AI startup xAI is in talks to raise $4.3 billion through an equity investment on top of its $5 billion debt funding plans, Bloomberg News reported on Tuesday, citing information shared with investors.
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 ...
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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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 ...
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