Back    Zoom +    Zoom -
xAI Reportedly In Talks to Raise US$15B at Valuation of US$230B
Recommend
2
Positive
0
Negative
1
Elon Musk's startup xAI plans to raise US$15 billion at a valuation of US$230 billion and has already explained the financing terms to investors, the Wall Street Journal, citing people with the knowledge of the matter, reported.

The financing has entered advanced negotiation, with the new valuation doubling from the US$113 billion disclosed by xAI in March

Related NewsNon Farm Payrolls for Sep in United States is 119K, higher than the previous value of -4K. The forecast was 50K.

AASTOCKS Financial News
Website: www.aastocks.com