Elon Musk’s xAI Secures $6 Billion in Funding, with Social Network X as a Shareholder
Elon Musk’s xAI, a rival to OpenAI, has secured $6 billion in funding with a preliminary valuation of $18 billion, according to TechCrunch, citing informed sources. Investors are set to receive a quarter of the company’s shares. The deal is expected to close in the coming weeks, provided the terms remain unchanged. However, the terms […]