Reported 5 months ago
Elon Musk's artificial intelligence startup X.AI Corp. is close to finalizing a funding round in June that could value the company at over $24 billion, including its latest cash infusion. The company has been seeking around $6.5 billion in financing, an increase from the previously reported $1 billion, with the deal highlighting Musk's track record and the potential of its chatbot technology utilizing data from Musk's social platform. Musk recently mentioned at a conference xAI's focus on truth-seeking and humor in AI, criticizing other models for pandering to political correctness.
Source: YAHOO