{"id":150150,"date":"2025-02-14T19:54:01","date_gmt":"2025-02-14T19:54:01","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/02\/14\/elon-musks-ai-company-xai-said-to-be-in-talks-to-raise-10b-techcrunch\/"},"modified":"2025-02-14T19:54:01","modified_gmt":"2025-02-14T19:54:01","slug":"elon-musks-ai-company-xai-said-to-be-in-talks-to-raise-10b-techcrunch","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/02\/14\/elon-musks-ai-company-xai-said-to-be-in-talks-to-raise-10b-techcrunch\/","title":{"rendered":"Elon Musk&#8217;s AI company, xAI, said to be in talks to raise $10B | TechCrunch"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Elon Musk\u2019s AI company, xAI, is said to be in talks to raise $10 billion in a round that would value xAI at $75 billion. <\/p>\n<p class=\"wp-block-paragraph\"><a rel=\"nofollow noopener\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-14\/musk-s-xai-discussing-10-billion-raise-at-75-billion-valuation\" target=\"_blank\">Bloomberg reported Friday<\/a> that xAI is canvassing existing investors, including Sequoia Capital, Andreessen Horowitz, and Valor Equity Partners for the round, which would bring xAI\u2019s total raised to $22.4 billion, according to Crunchbase. Bloomberg also noted that discussions are ongoing and that the terms of the fundraising round may change.<\/p>\n<p class=\"wp-block-paragraph\">The potential new injection of capital comes as xAI reportedly <a rel=\"nofollow noopener\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-14\/dell-nears-deal-with-musk-s-xai-for-5-billion-in-servers-with-nvidia-chips\" target=\"_blank\">weighs buying more than $5 billion worth of servers from Dell<\/a> to support the development of its AI technologies, including its <a href=\"https:\/\/techcrunch.com\/2024\/03\/29\/what-is-elon-musks-grok-chatbot-and-how-does-it-work\/\" target=\"_blank\" rel=\"noopener\">Grok models<\/a>. Grok powers a growing number of features on Elon Musk\u2019s X social network, including summaries of trending discussions. <\/p>\n<p class=\"wp-block-paragraph\">The next major version of Grok, Grok 3, is set to be released in the next several weeks, <a rel=\"nofollow noopener\" href=\"https:\/\/www.reuters.com\/technology\/artificial-intelligence\/elon-musk-says-grok-3-final-stages-outperforming-all-chatbots-2025-02-13\/\" target=\"_blank\">Musk said in a live-streamed appearance at a Dubai technology conference this week<\/a>.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/techcrunch.com\/2025\/02\/14\/elon-musks-ai-company-xai-said-to-be-in-talks-to-raise-10b\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk\u2019s AI company, xAI, is said to be in talks to raise $10 billion in a round that would value xAI at $75 billion. Bloomberg reported Friday that xAI is canvassing existing investors, including Sequoia Capital, Andreessen Horowitz, and Valor Equity Partners for the round, which would bring xAI\u2019s total raised to $22.4 billion, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":150151,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-150150","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/150150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=150150"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/150150\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/150151"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=150150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=150150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=150150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}