Wednesday, 30 October, 2024

Musk's XAI Targets $40 Billion Valuation In New Funding Round

Elon Musk’s XAI is pursuing a new funding round, seeking a valuation of $40 billion. This ambitious move positions XAI as a serious player in the competitive AI industry, as it aims to raise substantial capital for advancing its technology offerings. Musk's XAI aims to leverage this funding to accelerate AI development, increase competitiveness, and expand its influence in the growing artificial intelligence sector.