Elon Musk’s xAI doubles valuation after $5 billion funding round

Elon Musk’s AI startup xAI has reportedly reached a $50 billion valuation, following a funding round that secured $5 billion for the company. As reported in the Wall Street Journal, the most recent financial backing brings the total amount raised by xAI this year to $11 billion, with several …

Author: Graeme Hanna

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