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xAI
![Musk’s xAI Set to Complete Funding Round, Valuation Could Top $24 Billion](https://www.itbear.com/wp-content/uploads/2024/05/image-109.png)
Musk’s xAI Set to Complete Funding Round, Valuation Could Top $24 Billion
May 24, 2024 – According to sources familiar with the matter, as quoted by Bloomberg, Elon Musk’s artificial intelligence venture, xAI, is on track to complete a funding round in June, potentially pushing its valuation to over $24 billion. Initially, the company had aimed to secure around $6 billion in funding earlier this month. However,…