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Elon Musk's xAI raises $10 billion in debt and equity

CNBC on MSN · 1d

Elon Musk's xAI raises $10 billion in debt and equity as it steps up challenge to OpenAI

XAI, the artificial intelligence startup run by Elon Musk, raised a combined $10 billion in debt and equity, Morgan Stanley said. Half of that sum was clinched through secured notes and term loans, while a separate $5 billion was secured through strategic equity investment, the bank said on Monday.

SiliconANGLE · 11h

Elon Musk’s xAI raises $10B to upgrade its AI infrastructure

Elon Musk’s xAI Holdings Corp. has raised $10 billion from investors to finance artificial intelligence initiatives. The deal was announced today by Morgan Stanley, which helped the company raise the funds.

NewsBytes · 1h

Elon Musk's xAI initiates major recruitment drive

Elon Musk's AI venture, xAI, has launched a significant hiring campaign following Meta's recent recruitment surge. The focus is on developing X Money, a native payments platform.

Elon Musk And Trump Are Fighting Again

Yahoo Finance · 20h

Trump & Elon Musk, Apple AI, Robinhood: Trending Tickers

US President Trump threatens to pull back Tesla's (TSLA) government subsidies after CEO and former Trump ally Elon Musk criticized the big, beautiful bill. Apple (AAPL) is reportedly considering using an external artificial intelligence (AI) language learning model (LLM) for Siri,

Business Insider on MSN · 1d

Elon Musk is ripping the GOP and Trump's 'big, beautiful bill' again. Here's how it all went down.

"If this insane spending bill passes, the America Party will be formed the next day," Musk wrote in an X post on Monday.

Fast Company on MSN · 1d

Here’s what Trump’s ‘big, beautiful bill’ means for AI

The One Big Beautiful Bill Act includes billions of dollars for AI and broadband, but critics say it forces states to choose between infrastructure and regulation. The Republican Party’s 800-page One Big Beautiful Bill Act is now being debated in the Senate,

1h

Elon Musk's X To Deploy AI Note Writers That Can Flag Misinformation, But Final Judgment Still Rests With Humans

X is rolling out AI bots to write Community Notes that flag misinformation, but their visibility will depend on approval from ...

3d

Elon Musk and Mark Zuckerberg Want to Control AI by Crushing ChatGPT’s Father

The battle for AI supremacy is a brutal, high-stakes clash of towering egos, shocking betrayals, and world-changing ambitions ...

4don MSN

Elon Musk isn’t happy with his AI chatbot. Experts worry he’s trying to make Grok 4 in his image

Grok, the chatbot from Elon Musk’s xAI, replied to a user on X who asked a question about political violence. It said more ...

2don MSN

Tesla CEO Elon Musk on jobs that AI can not replace: ‘There will be…’

Tesla CEO Elon Musk believes that while artificial intelligence (AI) is set to transform many industries, some jobs may ...

1d

Elon Musk Is Back at Tesla, but the Magic Might Be Gone

After a political detour that angered customers and tanked profits, the billionaire CEO returns to a Tesla in crisis.

10don MSN

Elon Musk Says He’s Done With Politics, Warns About ‘Tsunami of AI’

Elon Musk says he’s washing his hands of politics, following his time in Washington, D.C. Speaking to Y Combinator’s AI ...

8d

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 ...

19hon MSN

Trump slams Elon Musk as megabill drops AI protections and hits snags in Senate

President Trump slammed Elon Musk's subsidies, and Republican senators struck down a plan to shield AI from state regulations ...

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