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Elon Musk Chases $15 Billion Funding Round For xAI At Whopping $230 Billion Valuation — More Than Double Its Worth After X Acquisition
Summary by Benzinga
9 Articles
9 Articles
Elon Musk Chases $15 Billion Funding Round For xAI At Whopping $230 Billion Valuation — More Than Double Its Worth After X Acquisition
Elon Musk‘s artificial-intelligence company, xAI, is in advanced talks to raise $15 billion in new equity at a $230 billion valuation, according to a report published late Tuesday. Valuation More Than Doubles The terms of the new fundraising were disclosed to investors by Musk's wealth manager, Jared Birchall, on Tuesday night, the Wall Street Journal reported, citing people familiar with the plans. xAI, launched in July 2023 as a rival to OpenA…
·New York, United States
Read Full ArticleThe new valuation would more than double IksAI's $113 billion valuation.
Coverage Details
Total News Sources9
Leaning Left1Leaning Right1Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 20%
C 60%
R 20%
Factuality
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