Elon Musk's AI startup X.Ai aims to raise up to $6 billion
Author - Mansur Ismagulov
The Tech AI
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xAI is in talks to raise up to $6 billion in investments. Elon Musk is seeking support from overseas investors, including those in Hong Kong, Japan, South Korea, and the Middle East, to compete with OpenAI.
xAI is in talks to raise up to $6 billion in investments. Elon Musk seeks support from foreign investors, including those from Hong Kong, to compete with Microsoft-backed OpenAI.
The company is also considering attracting sovereign wealth funds from the Middle East, as well as investors from Japan and South Korea, as partners.
Source: ft.com
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