Publisher: Maaal International Media Company
License: 465734
Monday, 28 April 2025
Elon Musk’s AI company XAI is seeking $20 billion in funding
Informed sources revealed that Elon Musk’s XAI Holdings is in talks with investors to raise approximately $20 billion.
According to Bloomberg, this funding would value the company at more than $120 billion.
Elon Musk was looking to establish a good valuation for his company, XAI, and increase the company’s capital, although he did not explicitly mention a future funding round in previous interviews with CNBC.
Articles
© 2025 All rights reserved to Maaal Newspaper