Elon Musk’s xAI Nears $6 Billion Funding, Valuation Hits $18 Billion

Elon Musk’s new AI company, xAI, is reportedly close to securing $6 billion in funding, raising its valuation to $18 billion before the deal is finalized. Initially set to raise $3 billion at a $15 billion valuation, the adjustment comes amid strong investor interest, with major venture capital firms like Sequoia Capital and Future Ventures … Continue reading Elon Musk’s xAI Nears $6 Billion Funding, Valuation Hits $18 Billion