Musk's xAI set to close funding round at $18-bn valuation: Report
Billionaire Elon Musk-owned AI startup xAI is set to close its funding round at a valuation of about $18 billion, Bloomberg reported. xAI was set to raise $6 billion in the round but exact value of the round hasn't been disclosed yet. The startup is pitching investors by highlighting that xAI will train its chatbot on high-quality data from X.