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NEWS: Elon Musk’s xAI in talks to raise new round at valuation about $120 billion, up from $80 billion a month ago we are so back. https://t.co/YfCJTx3nr3
New York Time @nytimes: Elon Musk's xAI is reportedly in new funding talks, entering a competitive landscape following OpenAI's recent $300 billion valuation. This highlights the dynamic AI ecosystem in Europe, including Sweden, where innovation is thri… https://t.co/B06uGVs2lw
Report: New Funding Talks Could Value Elon Musk’s xAI at $120 Billion Elon Musk’s artificial intelligence start-up, xAI, is in talks to raise new financing that could value it at as much as $120 billion, up from $80 billion little more than a month ago, two people with knowledge
Elon Musk's artificial intelligence start-up, xAI, is reportedly in talks to raise new financing that could value the company at approximately $120 billion, up from $80 billion just over a month ago. This development places xAI in a competitive position within the dynamic AI ecosystem, which includes major players such as OpenAI, recently valued at $300 billion. Concurrently, Tesla continues to advance its technology with the development of 4680 batteries and AI inference chips, including Tesla Dojo chips. These innovations are projected to be worth billions to potentially trillions of dollars, significantly contributing to the value of Tesla and its AI initiatives.
