Elon Musk’s xAI raising $10 billion at $200 billion valuation: sources
In his statement to David Faber from CNBC, Elon Musk’s AI company Xai has collected $ 10 billion from investors who put the company’s valuation for $ 200 billion.
Valuation for Musk’s AI company is the last example of rapidly rising values for companies that develop basic AI models. At the beginning of this month, anthropic collected $ 13 billion at an 183 billion dollars. Openai, the largest company in the industry, organized a secondary share that value $ 500 billion.
According to Faber, the donation collection comes weeks after 10 billion dollars of debt and equity with what is believed to be a valuation of approximately $ 150 billion. Last December, Xai collected $ 6 billion to finance the development of artificial intelligence.
However, it is believed that Xai’s Gok service is behind Antropic’s Claude and Openai’s GPT models in terms of capabilities and number of users.
Musk said he wanted to buy one million AI chips in May. Most revenues of this financing tour can go to building data centers filled with Nvidia and AMD AI chips to hire expensive skills necessary to develop a new generation of artificial intelligence. The company is currently building a large AI computer set in Memphis, Tennessee.
This is the last minute news. Please refresh for updates.
