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Sources said recent comments from Musk signal that AI startup xAI may be readying for a significant capital raise.
State Rep. Justin J. Pearson is among the vocal critics of Elon Musk's xAI project in Memphis, calling for stronger oversight ...
Bloomberg on MSN26d
Musk’s xAI startup swallows up X social network in surprise dealElon Musk said his xAI artificial intelligence startup has acquired the X platform, which he also controls, at a valuation of $33 billion, marking a surprise twist for the social network formerly ...
While the Tesla CEO didn't explicitly address an upcoming funding round, the sources interpreted the comments as a sign that xAI is getting set up for a significant capital raise in the near future.
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