Elon Musk’s AI Company, XAI said it was in talks to collect $ 10 billion
The company AI d’Elon Musk, XAI, is said to be in talks to raise $ 10 billion in a round that would value XAI at $ 75 billion.
Bloomberg reported Friday The fact that XAI offers existing investors, including Sequoia Capital, Andreessen Horowitz and Valor Equity Partners for the Round, which would bring XAI total to $ 22.4 billion, according to Crunchbase. Bloomberg has also noted that discussions are underway and that the terms of the fundraising cycle may change.
The new potential capital injection comes as Xai would have weighs the purchase of more than $ 5 billion in Dell servers To support the development of its AI technologies, including its Grok models. Grok feeds an increasing number of features on Elon Musk’s social network X, including summaries of discussions.
The next major version of Grok, Grok 3, is expected to be released in the coming weeks, Musk said in a live appearance at a conference on Dubai technology this week.
