News list for " the second largest initial"

On April 26th, according to people familiar with the matter, Elon Musk's xAI holding company is in talks with investors to raise about 20 billion US dollars for its newly integrated artificial intelligence start-up and social media business. If the deal is completed, according to data provider PitchBook, this will be the second largest start-up financing round ever, after OpenAI's $40 billion funding round earlier this year. According to people familiar with the matter, the size of this round of...

2025-04-26 01:34:41