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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

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.

TheStreet · 13d

Elon Musk calls OpenAI founder 'Scam Altman'

Musk is the owner of the automotive and clean energy company Tesla (Nasdaq: TSLA), social media platform X, and space technology company SpaceX, making him the wealthiest man in the world. Altman is the CEO of OpenAI, the AI company behind the popular ChatGPT bot. Both the entrepreneurs have hailed cryptocurrencies.

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 ...

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 ...

8don MSN

Elon Musk claims he ‘does not use a computer’ in OpenAI lawsuit - despite posting several pictures of his laptop online

Elon Musk’s legal team claims he “does not use a computer,” despite the tech mogul’s many social media posts about his laptop ...

8d

Elon Musk’s lawyers claim he doesn’t use a computer—despite the billionaire’s own X posts saying the opposite

The filing comes as part of Musk’s broader legal battle accusing OpenAI and Sam Altman of straying from their nonprofit roots ...

6don MSN

OpenAI’s Sam Altman to speak at Fed bank conference

OpenAI CEO Sam Altman will speak at a Federal Reserve conference on bank regulation next month. The leader of the key ...

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