Elon Musk’s xAI Seeks $20 Billion Boost, Valuation Soars

Elon Musk’s company xAI is seeking a massive $20 billion investment to boost its valuation beyond $120 billion. This follows the recent acquisition of X (formerly Twitter). The funding highlights the rapid growth and increasing interest in AI technologies driven by prominent entrepreneurs like Musk. Key investors like Antonio Gracias and Luke Nosek are already on board, signaling substantial backing. ]