Musk allies to raise up to $12 billion for xAI chips as startup burns through cash, WSJ reports
ReutersJul 22, 2025 4:08 PM
July 22 (Reuters) - Elon Musk's artificial intelligence startup xAI is working with a trusted financier to secure up to $12 billion more for its expansion plans, the Wall Street Journal reported on Tuesday, citing people familiar with the situation.
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