The new equity infusion is luring investors back into the debt offering for xAI, Elon Musk’s “anti-woke” artificial intelligence company.

Elon Musk’s artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of the $5 billion it has recently been trying to borrow from debt investors, according to information the company shared with investors who asked not to be identified because it is private.