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AI, Elon Musk

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.

SiliconANGLE · 2d

Elon Musk’s xAI raises $10B to upgrade its AI infrastructure

Elon Musk’s xAI Holdings Corp. has raised $10 billion from investors to finance artificial intelligence initiatives. The deal was announced today by Morgan Stanley, which helped the company raise the funds.

Reuters on MSN · 3d

Musk's xAI raises $5 billion each in fresh debt and equity, Morgan Stanley says

Elon Musk's xAI has completed a $5 billion debt raise alongside a separate $5 billion strategic equity investment, Morgan Stanley said on Monday, as the startup looks to expand its AI infrastructure through data centres amid intensifying competition in the industry.

Tesla, Elon Musk

Moneycontrol · 20h

Tesla sales slump deepens as Musk bets big on robotaxis and AI

Tesla’s core auto business—responsible for three-quarters of its $100 billion in revenue—has been sputtering in 2025. First-quarter profits plunged 71%, kept afloat only by $595 million in regulatory credit sales. Analysts expect another tough earnings report on July 23, forecasting a nearly 10% revenue dip and a 20% drop in profit.

LA Times on MSN · 1d

Tesla sales continue to slide amid competition and backlash against Elon Musk

Elon Musk's electric vehicle company Tesla delivered 13% fewer cars in the second quarter of 2025 compared to a year earlier.

deseret · 1d

Dismal Tesla sales report adds to Elon Musk’s week of woe

Tesla reported EV sales in the second quarter down by 13% over last year. The Elon Musk-owned automaker had two straight quarters of declines for first time. The dismal report comes as Musk's feud with President Trump heats up again.

6don MSN

Elon Musk isn’t happy with his AI chatbot. Experts worry he’s trying to make Grok 4 in his image

Grok, the chatbot from Elon Musk’s xAI, replied to a user on X who asked a question about political violence. It said more ...

Musk's xAI scores permit for gas-burning turbines to power Grok supercomputer in Memphis

Elon Musk’s artificial intelligence startup attained an official permit to power its Memphis supercomputer facility using ...

Elon Musk’s X Is Turning Community Notes Over to AI

The new model will allow developers to submit AI agents to be reviewed by the company, according to a public announcement. The agents will be tested behind the scenes, made to write practice notes to ...

Cryptopolitan on MSN2d

Elon Musk’s X to roll out AI-written community notes with human oversight

Musk's X will use AI to write community notes and increase the scope of fact-checking under human supervision.

24/7 Wall St.14h

Elon Musk's Net Worth Drops by $71 Billion

Elon Musk’s net worth has declined by 71% so far in 2025. Tesla's deliveries fell sharply in the second quarter.

Elon Musk and Mark Zuckerberg Want to Control AI by Crushing ChatGPT’s Father

The battle for AI supremacy is a brutal, high-stakes clash of towering egos, shocking betrayals, and world-changing ambitions ...

1don MSN

The battle for AI talent has been on an entirely different level

Tech companies have long paid top dollar for talent, but recent AI hiring has been on a different level, with reports of ...

Bright Data beat Elon Musk and Meta in court — now its $100M AI platform is taking on Big Tech

Bright Data beat Elon Musk's X and Meta in court, then launched $100M AI infrastructure suite with Deep Lookup and Browser.ai to challenge Big Tech data monopolies.

OpenAI Says Tokens Are Not Equity, No Partnership With Robinhood: Musk Says AI Company's Equity 'Is Fake'

OpenAI says the "OpenAI tokens" offered by Robinhood are not OpenAI equity and clarified that it has no partnership or ...

1don MSN

X is letting AI bots fact-check your tweets — what could possibly go wrong?

X is currently piloting a program that lets AI bots draft Community Notes. Third-party developers can apply to build these ...

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