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Elon Musk's xAI Secures $10B In Debt, Equity

New York Post on MSN · 1d

Elon Musk’s xAI raises $10B in debt and equity as it faces off against Sam Altman’s OpenAI

Elon Musk’s xAI has raised a combined $10 billion in debt and equity, Morgan Stanley said Monday. The sum consists of $5 billion through secured notes and term loans, and the other half comes from a strategic equity investment,

CNBC on MSN · 1d

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.

Insider on MSN · 12d

Telegram CEO gives his view on Elon Musk, Sam Altman, and Mark Zuckerberg

Telegram CEO Pavel Durov commented on Elon Musk's decision-making, Mark Zuckerberg's "fundamental values," and Sam Altman's technical chops.

9d

Elon Musk’s Lawyers Claim He ‘Does Not Use a Computer’

The claim appeared in a court filing related to Elon Musk’s ongoing lawsuit against Sam Altman and OpenAI. The Tesla and xAI ...

6don MSN

OpenAI started as a "countervailing force" to Google — did Elon Musk and Sam Altman torpedo DeepMind's plans to dictate AGI?

Former OpenAI researcher Daniel Kokotajlo claims the company's founders thwarted Google DeepMind CEO Demis Hassabis's plan to ...

Barchart on MSN12d

Elon Musk Was ‘Abusing His Power In the Government to Unfairly Compete’ Says OpenAI CEO Sam Altman: ‘It’s Unfortunate for the Country’

OpenAI’s ambitious Project Stargate — a $500 billion AI infrastructure initiative — has become the latest flashpoint in the ...

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