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Reuters: xAI's valuation reaches $24 billion after latest round of financing

2024-05-28 14:47
Odaily News Elon Musk's artificial intelligence startup xAI has completed a $6 billion Series B financing, with a post-investment valuation of $24 billion. According to the official news, xAI announced that it has completed a $6 billion Series B financing, with a16z and other investors participating; Musk said that xAI's pre-investment valuation was $18 billion. (Reuters)