[ad_1] Elon Musk said his xAI artificial intelligence startup has acquired the X platform, which he also controls, at a valuation of $33 billion, marking a surprise twist for the social network formerly known as Twitter. “The combination values xAI at $80 billion and X at $33 billion,” the billionaire wrote Friday in a post […]
Elon Musk’s xAI aims for $40 billion valuation in new funding round: Report – CNBC TV18
[ad_1] Elon Musk’s artificial intelligence venture, xAI, is reportedly in early discussions to secure significant new funding that could push the startup’s valuation to approximately $40 billion. The Wall Street Journal disclosed the development on Tuesday, Ovtober 29, citing sources familiar with the negotiations. Sources familiar with the matter revealed that the startup aims to […]
Elon Musk to discuss $5 billion xAI investment with Tesla board – CNBC TV18
[ad_1] Tesla CEO Elon Musk said on Thursday he and the board of the electric vehicle company will discuss making a $5 billion investment in his artificial intelligence startup xAI, fueling concerns about a conflict of interest. Musk, the world’s richest person, launched xAI last year in a bid to compete with Microsoft-backed OpenAI. That […]