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in /technology 8 months ago

Elon Musk’s xAI Could Be Getting $250 Million in Investments

Elon Musk’s xAI Could Be Getting $250 Million in Investments - Featured Image

Elon Musk’s xAI Could Be Getting $250 Million in Investments

www.nytimes.com - faviconnytimes.com
TLDR

Elon Musk's xAI, an AI and social media company, is set to receive $250 million in investments from 24 venture capital firms, including TPG, ARK Invest, and Sequoia Capital. The tender offer values xAI at $113 billion.

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