US EditionElon Musk's xAI Holdings in talks to raise $20 billion, Bloomberg News reports
- XAI Holdings is in talks to raise $20 billion, which may value the company over $120 billion, according to a Bloomberg report.
- The funding round could become the second-largest startup funding round ever, following OpenAI’s $40 billion raise last month.
- Musk is expected to attract some backers from his other ventures, including Antonio Gracias and Luke Nosek.
- XAI recently acquired X in a deal that valued xAI at $80 billion and X at $33 billion.
43 Articles
43 Articles
Elon Musk's xAI Holdings in talks to raise $20 billion from investors, Bloomberg News reports
Elon Musk's xAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly combined artificial intelligence startup and social media business, Bloomberg News reported on Friday, citing people familiar with the matter.
Musk’s AI startup xAI in talks to raise $20 billion at $120 billion valuation to challenge OpenAI and Google - Tech Startups
Elon Musk’s artificial intelligence startup xAI is gearing up for a major fundraising push that could surpass $20 billion, according to Bloomberg. The new round would push xAI’s valuation past $120 billion, marking another big leap for the company just […] The post Musk’s AI startup xAI in talks to raise $20 billion at $120 billion valuation to challenge OpenAI and Google first appeared on Tech Startups.
Comment: Musk doesn’t understand what Lincoln knew
HeraldNet.com HeraldNet.com - Everett and Snohomish County news from The Daily Herald in Everett, Washington That government should do the things that individuals and markets can’t or won’t do. That’s not waste, fraud or abuse. Comment: Musk doesn’t understand what Lincoln knew Wire Service
Elon Musk's xAI In Talks For $20 Billion Funding Round
Elon Musk's xAI In Talks For $20 Billion Funding Round About a month after Elon Musk's xAI Holdings acquired the X platform in an all-stock deal valuing the social media company at $33 billion, whispers have emerged that xAI is in talks with investors to raise $20 billion — a move that could push the startup's valuation north of $120 billion. Citing anonymous sources, Bloomberg News reported Friday that xAI is in talks with investors to raise $…
Good morning! Elon Musk wants to raise billions, Onlyfans requests a meeting with the Swedish government, and Ikea says no to AI applications.
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