Elon Musk’s AI company, XAI confirmed Morgan Stanley on Monday.
One in Post on XFinancial giants said that XAI had raised $ 5 billion and $ 5 billion in a separate strategic equity transaction.
“The combination of debt and equity reduces the overall cost of capital and expands the capital pool available for XAI. [sic] And its major Groke platform, ”was written by Morgan Stanley.
XAI did not immediately return the request for commenting out of commercial hours regularly.
This is the latest money as follows Round of $ 6 billion In December, the company picked up a slate of large -name investors, including Andresen Horovitz, Blackrock, Fidelity, LightSid, MGX, Morgan Stanley, Oya, Kia, Sex Capital, Velor Equity Partners, VY Capital, NVDia, AMD, and Kingdom Holdings, AMD, AMD, AMD, AMD, AMD, AMD, AMD, AMD, and AMD, AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and AMD, and
The new equity round increases the total capital of XAI to about $ 17 billion.
