<ul data-eligibleForWebStory="true"><li>Elon Musk's AI company, xAI, raised $10 billion in debt and equity, with $5 billion acquired through debt and another $5 billion in a strategic equity transaction confirmed by Morgan Stanley.</li><li>The funding strategy of combining debt and equity aims to lessen overall capital costs and provide xAI with significant financial resources to support the development of advanced AI solutions, including a large data center and the Grok platform.</li><li>xAI's recent funding round follows a $6 billion capital raise in December from notable investors like Andreessen Horowitz, Blackrock, Fidelity, and others, bringing the total capital raised by xAI to approximately $17 billion.</li></ul>

xAI raises $10B in debt and equity

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