Comment by cowsandmilk
10 hours ago
> xAI had an oversubcribed fund raise in January
My understanding is that it was not oversubscribed and would not have closed without Tesla’s investment.
10 hours ago
> xAI had an oversubcribed fund raise in January
My understanding is that it was not oversubscribed and would not have closed without Tesla’s investment.
It was originally for $15B. They raised $20B of which $2B was from Tesla.
Your sources might be shady (Elektrek?).