Musk’s xAI reportedly seekingn $10B in a new funding round

Elon Musk’s artificial intelligence startup xAI is pursuing $10 billion in funding at a $200 billion valuation, CNBC reported on Sept. 19. Sources told the news outlet that the funding proceeds will primarily support data center construction, filled with Nvidia and AMD graphics processing units required for next-generation AI development. The company is currently building The post Musk’s xAI reportedly seekingn $10B in a new funding round appeared first on CryptoSlate.