xAI Strikes Back: Musk Rallies $4.3 Billion to Take on OpenAI

Elon Musk stops at nothing to make xAI a titan of artificial intelligence. His startup is preparing for a historic fundraising of $4.3 billion in equity, in addition to the $5 billion already targeted through a bond issuance. A major financial offensive to try to catch up with giants like OpenAI.

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