- Tech News & Insight
- June 17, 2025
- Hema Kadia
Elon Muskโs generative AI firm, xAI, is targeting $4.3 billion in new equity funding, following its previous $6 billion raise and a $5 billion debt effort. The capital will support high-cost AI models like Grok and Aurora, expand massive GPU-powered data centers, and drive xAIโs ambition to compete with leaders



