January 26, 2024

Ron Finklestien

Elon Musk's xAI artificial intelligence startup said to be in talks to raise up to $6B

Tech CEOs Attend Sen. Schumer

Nathan Howard/Getty Images News

Elon Musk’s xAI is in talks to raise up to $6B, the Financial Times reported on Friday, with the billionaire businessman targeting a $20B valuation for the artificial intelligence startup as it takes on rival Microsoft (MSFT)-backed OpenAI.

The startup


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