Elon Musk's rival OpenAI, xAI is closing on $6 Billion in funding

Elon Musk’s rival OpenAI, xAI is closing on $6 Billion in funding

Rivaling OpenAI, Elon Musk’s xAI is closing on $6 billion in funding, potentially valuing the business at $18 billion. Initially aimed at $3 billion with a $15 billion valuation, the updated figures reflect skyrocketing investor interest in Musk’s AI venture. Funding Round Dynamics Overseeing Musk’s family office, Jared Birchall, is the deal’s organizer. The deal […]

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