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TechFlow news, according to Bloomberg, Elon Musk's AI startup xAI is expected to complete a funding round as early as this week, with a valuation of approximately $18 billion.
Insiders said the size of the funding round has not yet been finalized. The company behind the AI chatbot assistant Grok is reportedly raising $6 billion in this round, with Sequoia Capital participating.
According to Bloomberg, Elon Musk's AI startup xAI is expected to complete a funding round as early as this week, with a valuation of approximately $18 billion. The exact size of the financing has not yet been finalized, according to sources. The company behind the AI chatbot assistant Grok is set to raise $6 billion in this round, with Sequoia Capital participating.
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