
Elon Musk's xAI raises $10 billion in debt and equity as it steps up challenge to OpenAI
Elon Musk announced his new company xAI, which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty Images XAI, the artificial intelligence startup run by Elon Musk, has raised a combined $10 billion in debt …