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Musk Taps Investors for Billions

Days after exit from politics, Elon Musk taps investors for $5 billion debt funding for xAI, $650 million for Neuralink

Elon Musk is raising $5 billion in debt for xAI Corp. to fund AI infrastructure, with Morgan Stanley managing the debt sale. He is also looking for $650 million for Neuralink.

Bloomberg on MSN · 18h

Musk Taps Investors for Billions Days After Washington Exit

Elon Musk is selling $5 billion in debt for his artificial intelligence startup, xAI Corp., the latest in a series of fundraising efforts across his business empire as the billionaire pivots away from politics and returns to running his various companies.

Seattle Times · 20h

Musk taps investors for billions, days after leaving Trump’s side

Musk appears eager to refocus on his array of businesses after announcing last week that he would be stepping back from politics.

XAI, Elon Musk

Benzinga on MSN · 6h

Elon Musk's XAI Targets $113 Billion Valuation With $300 Million Share Sale

Elon Musk‘s artificial intelligence startup xAI is pursuing a $300 million share sale that would value the combined entity at $113 billion. The secondary offering allows existing staff to sell shares to new investors while validating the price tag established during xAI’s March acquisition of social media platform X.

SiliconANGLE · 15h

Elon Musk’s xAI launches $5B debt sale to fuel AI infrastructure investments

XAI Corp., the artificial intelligence startup founded by Elon Musk, is arranging a $5 billion debt sale that will help the company to keep up its lavish spending on data center infrastructure as it strives to keep pace with rivals such as OpenAI and Google LLC.

Financial Times · 23h

Elon Musk’s xAI seeks $113bn valuation in $300mn share sale

Elon Musk’s xAI is launching a $300mn share sale that values the group at $113bn, as the world’s richest man returns to his business empire and the race to develop artificial intelligence.

3d

1TSLA : Elon Musk Says Humanoid Robots Will Start Impacting Countries' GDPs In...

In an interview with Sen. Ted Cruz (R-TX) in March, Musk said that within 10 years, “AI could probably do anything better ...

1d

Elon Musk Returns to His Tech Empire, Facing Questions of Inattention

As Mr. Musk steps away from Washington, he faces concerns over his prolonged absence from his businesses including Tesla, ...

5don MSN

Elon Musk has a blunt response to Telegram founder’s $300M AI deal claim

Telegram CEO Pavel Durov announced a $300 million partnership with Elon Musk’s xAI to bring Grok to the messaging app.

5don MSN

Elon Musk Tried to Block Sam Altman’s Big AI Deal in the Middle East

Musk warned those involved that President Trump wouldn’t bless the OpenAI data-center project in Abu Dhabi unless his xAI ...

Legit on MSN1d

Elon Musk Launches New Rival For WhatsApp, Other Messaging Apps, Lists Features

Elon Musk, Chief Executive Officer(CEO) of Tesla and Social Media X (formerly Twitter) has intergrated new features into ...

5d

The Techno-Futuristic Philosophy Behind Elon Musk’s Mania

Critics of longtermism say it appeals to wealthy tech moguls precisely because it adds a sheen of morality to their ...

Amazon S3 on MSN2d

Elon Musk to BEAT OpenAI to Achieve AGI with New xAI Supercomputer

Elon Musk raised funding to build the world's biggest AI supercomputer, in pursuit of AGI. His AI startup built its valuation ...

2don MSN

A city’s dream deal promised jobs, money. Then residents learned it was with Elon Musk.

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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