#technews
Urgent from the world of artificial intelligence!
Elon Musk's xAI has succeeded in raising 10 billion dollars in its latest funding round, raising the company's valuation to 200 billion dollars! 💰
💡 Important details:
The round included major investors such as the Qatar Investment Authority and Kingdom Holding Company of Prince Alwaleed bin Talal.
The funding will be used to expand data centers and build the largest assembly of artificial intelligence servers in the world in Memphis, Tennessee.
xAI previously acquired platform X (formerly Twitter) to enhance its capabilities in artificial intelligence.
🔥 This valuation makes xAI one of the leading companies in the artificial intelligence sector, in direct competition with OpenAI and Anthropic.
