2025-06-05 10:49:22.AIbase.18.7k
Report says Musk's AI startup xAI gets debt financing support from TPG
Recently, it was revealed that TPG Angelo Gordon has become the main investor in Elon Musk's artificial intelligence startup xAI Corp.'s debt financing plan. This financing arrangement will provide xAI with the necessary funds to advance its development in the field of artificial intelligence. According to insider sources, TPG is providing a loan for xAI, which is part of xAI's bond issuance. Morgan Stanley...