Elon Musk’s AI company AI, Xai, raised $ 10 billion debts and equity, Morgan Stanley confirmed on Monday.
In a a Post on xThe financial giant said Xai raised $ 5 billion in debt and another $ 5 billion in a particular strategic equity transaction.
“The combination of debt and equality reduces the total cost of capital and substantially expands masses of capital available to Xai. [sic] and its flagship Grok platform, “Morgan Stanley wrote.
Xai did not immediately return a comment request outside of regular trading hours.
This last funding follows about $ 6 billion That the company earned in December from slate from investors of a big name, including Andreessen Horowitz, Blackrow, Fidelity, Lightspeed, MGG, Morgan Stanley, Oia, Qia, Sequoia Capital, Valor Equity Partners, Vy Capital, Nvidia, AMD, and Kingdom Holdings, Saudi Conglo.
The new equity circle brings all the capital of XAI earned to about $ 17 billion.
