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Elon Musk, xAI

Musk's xAI seeks up to $200 billion valuation in next funding round, FT reports

Elon Musk's xAI is preparing to raise more money from investors in a deal that could value the artificial-intelligence company between $170 billion and $200 billion, the Financial Times reported on Friday,

GlobalData on MSN · 1d

Musk’s xAI plans funding round targeting up to $200bn

The potential valuation comes amidst talks involving Saudi Arabia's sovereign wealth fund, which holds an indirect stake through an $800m investment.

TechCrunch on MSN · 1d

Elon Musk’s SpaceX might invest $2 billion in Musk’s xAI

According to a Wall Street Journal report that cites investors close to SpaceX, the company has agreed to invest $2 billion in Musk’s AI startup xAI. The investment would reportedly be part of the $5 billion equity raise (along with another $5 billion in debt) that Morgan Stanley announced at the end of June.

22hon MSN

Tesla stock higher on potential for xAI investment; full merger would be the 'next stage,' analyst says

Tesla stock rose Monday morning after CEO Elon Musk said Tesla should be able to invest in his xAI startup pending a ...

Energy Digital11h

Power Solutions for AI Growth: xAI's Strategic Energy Moves

Having raised billions, xAI purchases an overseas power plant to support its new US data centre that will consist of one ...

Interesting Engineering on MSN1d

Elon Musk’s xAI wins $200M Pentagon deal to bring Grok AI into federal agencies

Elon Musk’s artificial intelligence startup xAI has secured a $200 million ceiling contract from the U.S. Department of Defense. The company also announced its “Grok for Government” suite on Monday, ...

Cryptopolitan on MSN2d

Elon Musk’s SpaceX agrees to invest $2 billion in xAI

SpaceX is investing $2 billion into Elon Musk’s artificial intelligence startup, xAI, almost half of the $5 billion the ...

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