Elon Musk’s xAI is reportedly trying to raise billions more

Elon Musk’s AI company, xAI, is in talks to raise new funding at a valuation around $40 billion, according to The Wall Street Journal. xAI hopes to raise several billion dollars in the round, adding to the $6 billion in Series B funding that the company raised in May. The rumored valuation would nearly double […] © 2024 TechCrunch. All rights reserved. For personal use only....