Reported 2 days ago
According to Bloomberg News, Elon Musk's xAI Holdings is negotiating with investors to secure around $20 billion for its newly merged artificial intelligence startup and social media business. This funding round could value the company at over $120 billion, with the exact amount and terms yet to be finalized. Recently, xAI acquired the social media platform X, previously known as Twitter, for $33 billion.
Source: YAHOO