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

cnbc.com/2025/07/01/elon-musk-xai-raises-10-billion-in-debt-and-equity.html

The funding will go towards xAI's efforts to build out its AI infrastructure and develop its Grok chatbot.

This story appeared on cnbc.com, 2025-07-01 08:37:27.
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