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Elon Musk’s xAI aims to raise $4.3B in equity funding

Elon Musk’s xAI Is Reportedly Burning Through $1 Billion a Month

Elon Musk has promised that his AI business, xAI, will help to revolutionize society. Before it can do that, however, the company is going to need to become fiscally viable—a goal it hasn’t quite met yet.

Telegraph India · 1d

Elon Musk’s xAI to raise $4.3 billion through equity investment

Between its founding in 2023 and the debt sale this year, xAI raised $14 billion through equity fundraising, the report said

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.

2d

Google, Microsoft, Elon Musk's xAI Reportedly Cut Ties With Scale AI After Mark Zuckerberg's Meta Buys Stake

Google is planning to end its business relationship with Scale AI after its rival, Meta Platforms Inc (NASDAQ: META), ...

Tesla’s wild ride: Musk, AI and the trillion-dollar bet

While Tesla’s fortunes in the fast-moving world of electric vehicles are tied to the public persona of Elon Musk, they also ...

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