The XAI plan is $300 million in stock sales!

The XAI plan is $300 million in stock sales!

xAI plans to sell $300 million in equity, valued at $113 billion. This debt financing was launched on Monday and consists of B-type fixed-term loans, fixed-interest fixed-term loans and advanced guarantee instruments, the proceeds of which will be used for general business purposes and the deadline for financing commitments is 17 June.