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Elon Musk reportedly considering merger between SpaceX and xAI, or maybe even Tesla
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Elon Musk reportedly considering merger between SpaceX and xAI, or maybe even Tesla
Investors: Nvidia Corp., Cisco Systems Inc., Valor Equity Partners, StepStone Group, Fidelity Management & Research, Qatar Investment Authority, MGX, Baron Capital Group
XAI Corp., a large language model developer backed by Elon Musk, has raised $20 billion in a late-stage funding round. The funding was supported by notable investors including Nvidia Corp. and Cisco Systems Inc., along with Valor Equity Partners, StepStone Group, Fidelity Management & Research, Qatar Investment Authority, MGX, and Baron Capital Group. This funding aims to enhance their capabilities in addressing challenges in AI technology.