xAI, Having Burned Over $10 Billion, Negotiates New $4.3 Billion Funding Round
1 week ago / Read about 0 minute
Author:小编   

Musk's AI venture, xAI, is in the midst of preparations for a fresh round of equity financing amounting to $4.3 billion. This comes only a few months after the company successfully secured $5 billion in debt financing, led by Morgan Stanley, earlier this year. According to reports, the final subscription agreement for the debt financing is expected to be concluded this week.