Elon Musk xAI holdings is in talks to raise approximately $20 billion in funding, potentially valuing the company at over $120 billion. This follows xAI’s acquisition of social media platform X (formerly Twitter). The fundraising effort aims to support the development of advanced AI technologies, including enhancements to its Grok chatbot. Bloomberg+6Reuters+6mint+6
Highlight:
-
Elon Musk xAI wants $20 billion in new funding!
-
xAI, owner of X (formerly Twitter), is now valued at over $120 billion.
-
xAI funding supports upgrades like the “Grok” chatbot with new “vision” skills.
🔗 Trusted Source – Reuters Report on xAI
👉 Why this matters: xAI is shaping the future of AI conversations and tech innovation.
Compiled and summarized by Articoli News for easy daily reading.
🖋️ About the Author: Written and curated by Articoli News – your go-to source for quick, easy, and reliable market updates in just 59 words.
📌 Trust Note: All news is summarized from verified sources to keep you informed without the noise.