Menu Close
xAI

xAI

xAI News: xAI Secures $5 Billion In New Funding

November 21, 2024

xAI Unicorn News - November 21, 2024

Elon Musk's AI startup, xAI, has raised $5 billion in a new funding round, doubling its valuation to $50 billion. The funds will be used to acquire 100,000 Nvidia chips, enhancing xAI's computational capabilities for AI model training.

( 00:00:00 ) Introduction

( 00:00:28 ) Elon Musk's xAI Raises $5 Billion in Latest Funding Round

play
0:00 - 0:00

Disclaimer

Investing in private securities is speculative, illiquid, and involves risk of loss. An investment with Linqto is a private placement and does not grant or transfer ownership of private company stock. No guarantee is made that a company will experience an IPO or any liquidity event.

Linqto leverages advanced artificial intelligence (AI) technologies to generate Unicorn News to summarize updates about private companies. The news summaries and audio are both AI generated, based on the source(s) listed.