Investors Close to Elon Musk in Talks to Raise $3 Billion for AI Startup xAI
Saturday, 6 April 2024, 22:09
Elon Musk's AI Startup xAI Aims to Raise $3 Billion
Investors close to Elon Musk are in talks to help xAI raise $3 billion in a funding round that could value the startup at $18 billion.
Potential Impact on Competitiveness in AI Market
The funding could significantly boost xAI's efforts to catch up with rivals OpenAI and Anthropic, enhancing its position in the AI space.
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