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Sources: Elon Musk's xAI is in talks to raise $4.3B via an equity investment on top of the $5B it has recently been trying to borrow from debt investors (Bloomberg)

Bloomberg : Sources: Elon Musk's xAI is in talks to raise $4.3B via an equity investment on top of the $5B it has recently been tryin...

31 October 2024

Mark Zuckerberg says Meta is "executing quite well" in building out AI infrastructure, as Meta raises the low end of its 2024 capex guidance to $38B from $37B (Jonathan Vanian/CNBC)

Jonathan Vanian / CNBC:
Mark Zuckerberg says Meta is “executing quite well” in building out AI infrastructure, as Meta raises the low end of its 2024 capex guidance to $38B from $37B  —  Meta has been so quick to build out its massive data center and computing infrastructure for artificial intelligence projects …

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