Elon Musk’s artificial intelligence company, xAI, has secured $500 million in commitments from investors toward a $1 billion goal, according to people with knowledge of the talks. Grok is aiming for a valuation of at least $15 billion. Bloomberg’s Katie Roof reports on “Bloomberg Technology.”
Read more: https://www.bloomberg.com/news/articles/2024-01-20/musk-s-xai-secures-500-million-toward-1-billion-funding-goal
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