Elon Musk’s xAI raises $20bn in funding round that doubles valuation – Financial Times
xAI acquired social media network X for $45bn in March, bringing together two of Elon Musk’s businesses under one umbrella © AFP/Getty Images Elon Musk’s xAI said it had raised $20bn in new funding, in an upsized deal that more than doubles its valuation since last spring, despite growing concerns over illegal content generated by…
