Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Nvidia in talks to invest in Elon Musk's AI startup xAI
2024-11-05 00:59
Odaily News Elon Musk's artificial intelligence startup xAI is in talks with Nvidia for a major investment aimed at accelerating the development of its large language model Grok, according to the New York Post. In addition, the Wall Street Journal said that xAI is negotiating with investors to raise billions of dollars, valuing the company at approximately $40 billion, and it also noted that Musk is looking for strategic investors, mainly technology companies, to support this round of financing, but has not yet confirmed any names. Venture capital firms including Sequoia Capital, Andreessen Horowitz and Vy Capital are also said to be involved in these ongoing negotiations. (TechStartups)