
Elon Musk Xai’s launching is trying to raise an investment of $ 4.3 billion, according to a report by Bloomberg. This equity funding would add to the $ 5 billion that Musk is reportedly trying to raise financial debt for the combined entity of x and xai.
The company seems to raise money again after landing by $ 6 billion money infusions in December, as it has already spent much of its money.
Xai makes Grok, the AI chat boot embedded into the social network X, as well as the image generator Aurora. The technology that operates these products is remarkably resource-intensive, which could contribute to the tax with which the company spends money.