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Insider: Musk's artificial intelligence company xAI may raise $3 billion

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2024-04-06 02:10:41
According to insiders, investors closely related to Musk are in talks to help their AI startup xAI raise $3 billion, with this round of financing expected to raise the company's valuation to $18 billion. It is reported that supporters considering investing in this round of financing include venture capital firm Gigafund and American venture capitalist Steve Jurvetson. The financing terms of xAI have not been finalized yet, and the plan may change. (Wall Street Journal)
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