Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
TechFlow, April 26 — According to Bloomberg, Elon Musk's XAI holding company is in talks with investors to raise about $20 billion for its newly merged AI and social media business. Sources familiar with the matter said that if completed, the deal would value the company at over $120 billion, marking the second-largest funding round in startup history, surpassed only by OpenAI's $40 billion raise earlier this year.
According to Bloomberg, Elon Musk's XAI holding company is in talks with investors to raise about $20 billion for its newly merged artificial intelligence and social media business. Sources familiar with the matter said that if the deal is completed, the company's valuation would exceed $120 billion, making it the second-largest funding round in startup history, behind only OpenAI's $40 billion round earlier this year.
Navigating Web3 tides with focused insights
