Investors in Talks to Help Elon Musk's xAI Raise $3 Billion, WSJ Reports
Investors Eyeing $3 Billion Investment in Elon Musk's xAI
Venture capital firm Gigafund and prominent investor Steve Jurvetson are reportedly considering hefty investments in Elon Musk's xAI project. According to sources familiar with the matter, these investors, along with a co-founder of another venture firm, are in talks to support the ambitious project.
Uncertainty Surrounds xAI Fundraising
The Wall Street Journal report highlights that while talks are progressing, the terms of the fundraising for xAI have yet to be finalized. It is emphasized that the current plans are subject to potential modifications, indicating flexibility in the funding process.
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