Peanut Gallery Media Network
  • Home
  • News
    • Investigations
    • Politics
    • Voices
    • World Affairs
  • Business
    • Careers
    • Creators
    • Markets
    • Real Estate
    • Startups
  • Culture
    • Entertainment
    • Fashion
    • Food
    • Music
    • Pageants
    • Travel
    • Wellness
  • Tech
    • AI
    • Gaming
    • Innovation
    • Science
  • Sports
    • Athletes
    • Basketball
    • Global Sports
    • MMA
  • Trending
    • Lists
    • Viral
    • WTF
  • Media
    • Anchors
    • Podcasts
    • Reels
    • Video Features
  • People
    • Changemakers
    • Profiles
    • Spotlight
No Result
View All Result
SUBSCRIBE
Peanut Gallery Media Network
  • Home
  • News
    • Investigations
    • Politics
    • Voices
    • World Affairs
  • Business
    • Careers
    • Creators
    • Markets
    • Real Estate
    • Startups
  • Culture
    • Entertainment
    • Fashion
    • Food
    • Music
    • Pageants
    • Travel
    • Wellness
  • Tech
    • AI
    • Gaming
    • Innovation
    • Science
  • Sports
    • Athletes
    • Basketball
    • Global Sports
    • MMA
  • Trending
    • Lists
    • Viral
    • WTF
  • Media
    • Anchors
    • Podcasts
    • Reels
    • Video Features
  • People
    • Changemakers
    • Profiles
    • Spotlight
No Result
View All Result
Peanut Gallery Media Network
No Result
View All Result
Home News

Elon Musk’s xAI holdings eyes $20 Billion boost, signals bright future for AI and free speech

Del Bacho by Del Bacho
April 29, 2025
in News, Tech, World Affairs
0
Share on FacebookShare on Twitter

Elon Musk’s xAI Holdings, a powerhouse merging artificial intelligence and social media, is in talks to raise a staggering $20 billion in fresh funding, a move that could cement its place as a global tech titan.

Announced on April 26, 2025, this potential deal, reported by Bloomberg, would value the company at over $120 billion, trailing only OpenAI’s $40 billion raise in 2025.

For conservative Filipinos who champion innovation, free enterprise, and bold leadership, Musk’s vision offers a glimpse of a future where technology drives progress while upholding free speech.

xAI Holdings was born in March 2025 from the merger of Musk’s AI venture, xAI, and X, the rebranded platform formerly known as Twitter.

The company aims to accelerate human discovery through AI, with projects like the Grok chatbot and the massive Colossus supercomputer in Memphis, Tennessee.

The funding, still in early discussions, could ease X’s $1.3 billion annual debt burden from Musk’s 2022 Twitter buyout, which costs $200 million monthly in servicing fees.

Sources suggest the capital may also fuel AI advancements, positioning xAI Holdings to rival giants like Anthropic and OpenAI, where Musk was a co-founder before parting ways in 2018.

Musk’s track record—transforming Tesla and SpaceX into industry leaders—draws loyal investors like Antonio Gracias of Valor Equity Partners and Luke Nosek of Gigafund, many of whom back his Department of Government Efficiency (DOGE) initiatives.

His recent pledge to step back from DOGE by May 30, refocusing on Tesla and xAI, has calmed investors, boosting Tesla’s stock and signaling his commitment to private-sector innovation.

For Filipinos, where tech-driven economic ties with the US matter, this raise could stabilize global markets, impacting trade and remittances.

The deal’s scale reflects AI’s investor allure and Musk’s knack for turning bold ideas into reality, a trait admired by those who value self-reliance and progress.

While terms may shift, the ambition to merge AI with a free-speech platform like X resonates with conservative ideals of challenging establishment narratives.

As Musk consolidates his empire, Filipinos watching from afar see a model of leadership that dares to rethink what’s possible, inspiring innovation at home.

Tags: Artificial IntelligenceElon MuskFree SpeechxAI holdings
Share30Tweet19
Del Bacho

Del Bacho

Del Bacho is a seasoned columnist, fight director, and sports broadcaster with over two decades of experience breaking down the biggest moments in combat sports. Known for his sharp takes and no-BS analysis, he's been ringside for legendary bouts and behind the scenes shaping the action. Now stepping into his next role as GDaddy, he’s seriously trying to bring back that same unfiltered energy for PGMN, just with a little extra wisdom (and maybe a few more granddad jokes).

Recommended For You

Rep. Greene faces backlash after suggesting JFK was killed over Israel’s nuclear

by Vea Ysabel Carreon
June 25, 2025
0

Rep. Marjorie Taylor Greene (R-Ga.) is facing bipartisan criticism after posting a message on social media that appeared to suggest President John F. Kennedy was assassinated due to...

Read moreDetails

All the lies we were told during the pandemic — and why they still matter

by Vea Ysabel Carreon
June 25, 2025
0

More than four years since COVID-19 first brought the world to a halt, the Philippines continues to live with the aftermath of decisions made in panic. Policies implemented...

Read moreDetails

PGMN’s TikTok account suspended after posting photos of FBI raid of Diddy home

by Vea Ysabel Carreon
June 25, 2025
0

Our TikTok account, @pgmnofficial, was suspended shortly after we shared images from the FBI raid on Sean “Diddy” Combs’ residence in Los Angeles.  The photos—already circulated by major...

Read moreDetails

The Deepfake Dilemma: Balancing AI innovation with truth and trust

by Del Bacho
June 24, 2025
0

Advancements in artificial intelligence have given rise to synthetic media—realistic images, videos, or audio created through sophisticated algorithms.  Leveraging techniques like generative adversarial networks, which refine outputs through...

Read moreDetails

Congressional attack dog Benny Abante Proclaimed Winner After Rival suddenly DQ’d

by Vea Ysabel Carreon
June 19, 2025
0

The Commission on Elections (Comelec) Second Division has declared Bienvenido “Benny” Abante Jr. as the duly elected representative of Manila’s 6th District, following the annulment of Luis “Joey”...

Read moreDetails

Related News

Kolohe Kai’s Long-Awaited First Concert Took Place in the Philippines

February 12, 2025

Syrian Leader Bashar Assad Flees to Moscow as Rebels Seize Damascus

December 9, 2024

UFC’s Partnership with ESPN is Crashing Out—Could Netflix Be Next?

March 28, 2025

Browse by Category

  • AI
  • Anchors
  • Athletes
  • Basketball
  • Business
  • Careers
  • Changemakers
  • Creators
  • Culture
  • Entertainment
  • Explains
  • Fashion
  • Food
  • Gaming
  • Global Sports
  • Innovation
  • Investigations
  • Lists
  • Markets
  • Media
  • MMA
  • Music
  • News
  • Pageants
  • People
  • PGMN
  • Podcasts
  • Politics
  • Profiles
  • Real Estate
  • Science
  • Sports
  • Startups
  • Tech
  • Travel
  • Trending
  • Viral
  • Voices
  • Wellness
  • World Affairs
  • WTF
Peanut Gallery Media Network

© 2024 PGMN - Peanut Gallery Media News

No Result
View All Result
  • Home
  • Landing Page
  • Buy JNews
  • Support Forum
  • Contact Us

© 2024 PGMN - Peanut Gallery Media News

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?