Elon Musk’s xAI Raises $20 Billion
The funding is part of an A.I. frenzy, as investors aggressively plow enormous sums into fast-growing start-ups at sky-high valuations.
Auto Added by WPeMatico
The funding is part of an A.I. frenzy, as investors aggressively plow enormous sums into fast-growing start-ups at sky-high valuations.
Just like past tech booms, the latest frenzy has produced a group of billionaires — at least on paper — from smaller start-ups.
The Swedish company is now valued at $6.6 billion, more than triple its $1.8 billion valuation set by investors in July.
Lovable, a Start-Up That Makes Anyone a Coder, Raises $330 Million Read More »