Elon Musk’s Xai is reportedly seeking $4.3 billion in stake

Elon Musk startup Xai is looking to raise $4.3 billion in equity investment, according to a report from. Bloomberg. This stock funds are also included $5 billion Musk is said to be trying to raise debt financing Combined X and XAI Entities.

The company appears to be raising money again after landing $6 billion in cash injections in December.

Xai creates AI chatbots and image generators embedded within social network X. Aurora. Techniques that enhance these products are well known for being resource intensive and can contribute to the speed at which companies are spending their money.