Elon Musk’s xAI Targets $20 Billion Funding In Ongoing Talks
April 26, 2025, 12:20 am
Elon Musk’s xAI is negotiating a staggering $20 billion funding round that could push its valuation beyond $120 billion. Early-stage discussions signal a bold expansion move in the competitive AI landscape. With investors watching closely, these high-stakes talks mix ambition with a hint of unpredictability.
Reddit: r/musked
Bluesky: @techcrunch.com
xAI's Colossus supercomputer at Memphis, Tennessee, is accused of spewing excess pollution to get the power it needs to run all its GPUs.
Following its recent merger, XAI Holdings has started seeking ~$20 billion from investors, which could set its valuation above $120 billion. The post Elon Musk’s XAI Holdings Reportedly Seeks Massive New $20 Billion Funding Round appeared first on WinBuzzer.
Elon Musk’s xAI Holdings is in talks to raise $20 billion in fresh funding, potentially valuing the AI and social media combo at over $120 billion, according to a new Bloomberg report that says talks are in the “early stages.” If successful, the deal would constitute the the second-largest...
The funding would value the company at over $120 billion, according to the Bloomberg report.
Discussions are in early stages, with the company aiming to secure the funds in the coming months.
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