News

Elon Musk's xAI raises $5B each in new debt and equity: Morgan Stanley
Billionaire Elon Musk's xAI has completed a $5B debt raise along with a separate $5B strategic equity investment, according to Morgan Stanley (NYSE:MS) The $5B in debt consists of financing of secured ...
Musk's xAI raises $5 billion each in fresh debt and equity, Morgan Stanley says
Elon Musk's xAI has completed a $5 billion debt raise alongside a separate $5 billion strategic equity investment, Morgan ...
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 ...
SpaceX to invest $2 billion in Elon Musk's xAI amid growing cross-venture integration
Elon Musk’s SpaceX is set to invest $2 billion in his artificial intelligence startup xAI, as part of a broader $5 billion ...
Tesla stock higher on potential for xAI investment; full merger would be the 'next stage,' analyst says
Tesla stock rose Monday morning after CEO Elon Musk said Tesla should be able to invest in his xAI startup pending a ...
Daily Memphian13d
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 ...
The Tech Portal14d
xAI secures $10Bn in debt and equity to fuel AI expansion
AI, Elon Musk's AI venture, secured $10 billion in debt and equity, boosting infrastructure and Grok AI development.