Sources: Elon Musk has given investors, who backed his $44B Twitter acquisition, 25% of the shares in xAI, which is set to close a $5B round at a $50B valuation (Financial Times)



Financial Times:

Sources: Elon Musk has given investors, who backed his $44B Twitter acquisition, 25% of the shares in xAI, which is set to close a $5B round at a $50B valuation  —  Investors hit by losses following billionaire’s takeover of social media platform reap rewards from shares in his AI start-up



About WN

Check Also

RFK Plans to Take on Big Pharma. It’s Easier Said Than Done

But the administration would likely face legal challenges if it proposed additional restrictions or an …

Advertisment ad adsense adlogger