Elon Musk XAI Attracts $10B, Trump Threatens DOGE
Elon Musk is broadening the horizons of his AI company xAI by attracting $10 billion in capital. These investments are evenly distributed between secured debt and strategic equity investments. This financial influx will allow the company to increase resources for growth, scale its supercomputer Colossus, and further train the chatbot Grok.