Elon Musk's xAI company seeks $4.3 billion in equity financing to support the development of the Grok chatbot.

On June 17, according to Bloomberg, informed investors revealed that Elon Musk's artificial intelligence company xAI is negotiating to raise $4.3 billion through equity financing. Most of the previously raised funds have been consumed, and the new funds will be used to support the ongoing development of its AI chatbot Grok.

xAI has recently attempted to raise $5 billion from debt investors for aggressive expansion.

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ZeroRushCaptainvip
· 20h ago
Burning money is all there is, Be Played for Suckers is forever a god.
Reply0
MemeCoinSavantvip
· 06-18 14:44
based on my regression analysis, grok's memetic velocity is statistically suboptimal tbh
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LayerZeroHerovip
· 06-17 14:04
Capital-intensive AI sector... burns money very quickly.
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Rekt_Recoveryvip
· 06-17 14:02
still bullish on grok after blowing my portfolio on x shares... time to leverage up again
Reply0
LiquiditySurfervip
· 06-17 14:02
Another liquidity pool is about to run dry~
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MidnightGenesisvip
· 06-17 13:50
Monitoring the capital flow until four o'clock in the morning is quite interesting...
Reply0
GhostAddressMinervip
· 06-17 13:45
hmmm... Another suspicious flow of funds, the original capital pool is drying up quickly.
Reply0
LiquidatedAgainvip
· 06-17 13:39
4.3 billion? It's still not enough for Musk to blow up a position once.
Reply0
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