Elon Musk is selling $5 billion in debt for his artificial intelligence startup, xAI Corp., the latest in a series of fundraising efforts across his business empire as the billionaire pivots away from politics and returns to running his various companies.

At least 11 investment firms, including ARK Investment Management, Founders Fund and Sequoia Capital, participated in the round.

In an interview with Sen. Ted Cruz (R-TX) in March, Musk said that within 10 years, “AI could probably do anything better than the human can cognitively,” and predicted a future where humanoid robots are as common as personal assistants. “Ultimately, there will be tens of billions,” he said.

Telegram CEO Pavel Durov announced a $300 million partnership with Elon Musk’s xAI to bring Grok to the messaging app.

"It is very hard to separate Elon Musk's brand from the brand of Tesla, and SpaceX," a Harvard Business fellow told Newsweek.

Critics of longtermism say it appeals to wealthy tech moguls precisely because it adds a sheen of morality to their masters-of-the-universe projects. They also say that the moguls’ ultimate goal is a utopian civilization of humans, biological and robotic, all A.I. enhanced.

Musk warned those involved that President Trump wouldn’t bless the OpenAI data-center project in Abu Dhabi unless his xAI company was included in the deal, according to people familiar with the matter.

Elon Musk disagreed with Durov’s claims, triggering criticism over the entire announcement. The plain denial indicated there had been no agreement between the parties.

Elon Musk, Chief Executive Officer(CEO) of Tesla and Social Media X (formerly Twitter) has intergrated new features into message App of X to rival Whatsapp.