The X logo appears on a phone, and the XAI logo is displayed on a laptop on 1 April 2025 in Cracko, Poland.
Nurphoto | Nurphoto | Getty images
Elon MuskBloomberg News on Friday, citing people familiar with the case, Bloomberg News reported that there is talk of raising about $ 20 billion with investors.
According to the report, the funding will give the company a price of more than $ 120 billion.
Wanted to assign Musk Xai “fair price”, Sources told David Faber of CNBC earlier this month. The comment was made during a call with Xai investors, sources familiar to the case told Faber. Tesla The CEO of that time had clearly not mentioned any upcoming funding round, but sources suggested that XAI was preparing for a adequate capital increase in the near future.
Bloomberg’s report states that the funding amount could be more than $ 20 billion as the exact figure was not fixed.
Artificial Intelligence Startup XAI did not immediately respond to the CNBC request for commenting out of American commercial hours.
AI firm last month Acquisition of X in an all-stock DEAl It gave XAI a price of $ 80 billion and social media platforms $ 33 billion.
“The futures of XAI and X are interconnected. Today, we officially take steps to combine data, models, calculations, distribution and talent,” Musk said on the X, announcing the deal. “This combination will unlock the immense capacity by combining the advanced AI capacity of XAI and specialization of XAI.”
Read full bloomberg story Here,
– CNBC’s Samantha Sabin contributed to this report.
