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Musk’s xAI Expands Fundraise to $20 Billion | Bloomberg Tech 10/8/2025

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October 8, 2025

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss the curious financial structure Elon Musk’s AI startup, xAI, is using to expand its ongoing fundraise. Plus, Tesla unveils cheaper versions of its top-selling EV models. And, the UK Minister for AI discusses increased investments between the UK and US on tech innovation.

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"Bloomberg Technology" is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloombergs Caroline HydeEd LudlowElon Musks AIPlus TeslaUK MinisterSan FranciscoCaroline HydeNew York Like

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Musk’s xAI Expands Fundraise to $20 Billion | Bloomberg Tech 10/8/2025 · Bloomberg Technology · Sentinel