According to online reports, according to official sources, Morgan Stanley announced that it has successfully completed the US$5 billion in guaranteed notes and term loan financing for xAI. At the same time, xAI also separately received a strategic equity investment of US$5 billion, bringing the total financing amount to US$10 billion. The transaction was oversubscribed and attracted world-renowned debt investors to participate. The financing will be used to support xAI in developing cutting-edge artificial intelligence solutions, including the construction of one of the world's largest data centers and its flagship platform Grok. The combination of debt and equity financing reduces the total cost of capital and significantly expands the capital pool available to xAI, which is expected to enhance its competitiveness with competitors such as OpenAI.