Elon Musk's new AI start up xAI just raised $5 Billion for a valuation of $50 Billion
The Investment came from
1. Qatar Investment Authority
2. Valor Equity Partners
3. Sequoia Capital and
4. Andreessen Horowitz
Total raised amount by xAI = $11 Bil
$50 billion valuation for yet another AI venture? Feels like the hype train is going full steam ahead, no brakes.
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Elon Musk's new AI start up xAI just raised $5 Billion for a valuation of $50 Billion
The Investment came from
1. Qatar Investment Authority
2. Valor Equity Partners
3. Sequoia Capital and
4. Andreessen Horowitz
Total raised amount by xAI = $11 Bil
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Anddddd
it's not stopping there—rumor has it, th