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The firm had a pre-money valuation of $18 billion, Musk said on X, meaning the latest round will push the startup’s valuation to $24 billion. Elon Musk’s AI startup xAI has announced it has ...
Elon Musk's AI startup, xAI, has been valued at $50 billion, The Wall Street Journal reported. xAI's valuation is said to have doubled since the spring, surpassing what Musk paid for Twitter.
Elon Musk's startup xAI is one of the newer players in the artificial intelligence race, but that hasn't stopped it from bringing in top talent and soaring to a valuation of $50 billion in just 16 ...
xAI was founded by Musk [7] [8] [9] in Nevada [4] on March 9, 2023, and has since been headquartered in the San Francisco Bay Area in California. [10] Igor Babuschkin, formerly associated with Google's DeepMind unit, was recruited by Musk to be Chief Engineer. [11] Musk officially announced the formation of xAI on July 12, 2023.
Elon Musk in 2018. Elon Musk is a businessman known predominantly for his leading roles in the automotive company Tesla, Inc. and the space company SpaceX.Musk is also known for his ownership of X Corp. (the company that operates the social media platform X, formerly Twitter), and his role in the founding of the Boring Company, xAI, Neuralink, and OpenAI.
(Reuters) -Elon Musk's artificial intelligence startup, xAI, is seeking to raise close to $6 billion in a funding round backed by Silicon Valley heavyweights including Andreessen Horowitz, the ...
Elon Reeve Musk was born on June 28, 1971, in Pretoria, South Africa's administrative capital. [2] [3] He is of British and Pennsylvania Dutch ancestry.[4] [5] His mother, Maye (née Haldeman), is a model and dietitian born in Saskatchewan, Canada, and raised in South Africa.
(Reuters) -Elon Musk's artificial intelligence startup xAI has filed with the U.S. securities regulator to raise up to $1 billion in an equity offering, according to a filing on Tuesday.