Friday, February 14, 2025

Elon Musk's xAI in talks to raise $10 billion at $75 billion valuation

Elon Musk's startup aims to expand its presence in the AI industry by increasing its data centre capacity. Existing investors, including Sequoia Capital, Andreessen Horowitz, and Valor Equity Partners, are in talks to participate in the deal, the report said.

from Tech-Economic Times
via IFTTT

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