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.
0 replies
More like this
Recommendations from Medial
Sanskar
Stealth • 15h
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
See More
4 replies4 likes
Vaibhav Babruwan Shingde
Stealth • 7m
Pine Labs is all time high 📈
• Baron Funds increased its valuation of Pine Labs to $5.8 billion, while Invesco marked the firm's value up to $4.8 billion as of December 2023.
• Previously, Baron Funds had valued Pine Labs at $5.3 billion in Septem
See More
7 replies14 likes
Inactive
Stealth • 3m
WeWork's Rise and Fall
2010: Adam Neumann co-founds WeWork
Concept: Trendy coworking spaces
2014-2018: Rapid expansion
• Raises billions in funding
• Valuation hits $47 billion
• Opens locations globally
2019: IPO attempt reveals issues
• Massive
WhatsApp's $19 Billion Acquisition by Facebook Explained!!
On February 19, 2014, Facebook acquired WhatsApp for $19 billion, making it the largest purchase of a venture-capital-backed company at that time. This acquisition followed WhatsApp's $1.5 b
Metaverse Market size as per revenue was surpassed $83.9 billion in 2023. It is anticipated to grow at a CAGR of 48.0% in between 2023 to 2030.
So, AR, VR and MR (Metaverse) are the future?
Are people gonna use it crazily??
Why Meta, Apple, Microsof
BreaKING News ☝️👑:
Perplexity, the AI search engine startup, is blazing trails in investment circles.
Recent raises have propelled its valuation to a staggering $2.5 billion to $3 billion range.
Anddddd
it's not stopping there—rumor has it, th
See More
0 replies4 likes
Sunil Huvanna
Stealth • 2m
Ilya's 3 months old SSI AI startup getting 1B$ Funding at 5B$ Valuation just simply shows the extreme strength of US VCs and their intense rational on investing on tech & talents. As SSI is just a concept with not even a single line of code in produc
Zerodha hit $1 Billion in revenue with approx 50% net Margin.
That's crazy. I was wrong about Zerodha although it has less users than Groww its financial numbers are increasing.
As you know how much Zerodha brothers are investing in startups ( re
Imagine a place where you can learn or teach anything!
Well, Thats Udemy, an EdTech startup founded by Eren Bali and Gagan Biyani in 2010.
In Feb 2010, the founders tried to raise funds for it but they were rejected 30 times. Thus, they bootstrap
PW is on 🔥
Alakh Pandey-led edtech unicorn Physics Wallah (PW) has secured $210 million in a Series B funding round, boosting its valuation to $2.8 billion—more than double the $1.1 billion it achieved in its previous Series A round.
The funding