A new funding round in the works for xAI could value Elon Musk’s startup at more than four times what his social media network, X, is currently worth, according to recent Fidelity filings.
The AI startup is reportedly in talks to raise funding at a $40 billion valuation, according to the Wall Street Journal. xAI, which Musk founded in 2023 and has billed as an alternative to OpenAI’s ChatGPT, previously raised a $6 billion Series B from a16z and Sequoia Capital at a $24 billion post-money […]
Elon Musk's xAI startup could soon be worth many times more than X – Business Insider