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Elon Musk's XAI Holdings in talks to raise $20 billion from investors, Bloomberg News reports

Channel News Asia LogoChannel News Asia14h ago

Elon Musk's XAI Holdings in talks to raise $20 billion from investors, Bloomberg News reports - Channel News Asia

Quick Summary:

Elon Musk's XAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly combined artificial intelligence startup and social media business, Bloomberg News reported on Friday, citing people familiar with the matter.

xAI logo is seen in this illustration taken, February 16, 2025.

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Elon Musk's XAI Holdings in talks to raise $20 billion from investors, Bloomberg News reports - Channel News Asia (Picture 1)Elon Musk's XAI Holdings in talks to raise $20 billion from investors, Bloomberg News reports - Channel News Asia (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-26 @ 09:57:59 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 117 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 28212487

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 39 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 3 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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The story "Elon Musk's XAI Holdings in talks to raise $20 billion from investors, Bloomberg News reports" was covered 14 hours ago by Channel News Asia, a news publisher based in Singapore.

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The outlet is headquartered in Singapore and publishes an average of 39 news stories per day.

It's most recent story was published 3 hours ago.

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  • URL: https://falsifiable.beamstart.com/news/elon-musks-xai-holdings-in-17456331772333

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