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Musk’s xAI Amasses $10B, Sets Sights on Creating the World’s Most Powerful AI

July 2, 2025 – According to a CNBC post on July 1, Elon Musk has secured a whopping 10billiontofuelhisAIambitionsandintensifythecompetitionwithOpenAI.Thisfundingcomesintheformofa5 billion debt and $5 billion equity combination. Morgan Stanley revealed on the same day that xAI, the AI company led by Musk, has raised a total of 10billionthroughamixofdebtandequity.Specifically,5 billion was obtained via secured notes and term…

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