Musk's xAI in talks with MGX to raise $5 billion at ~$45 billion valuation
UAE fund MGX has been in talks to invest in Musk's xAI, the maker of chatbot Grok, which has been looking to raise $5 billion in funding and is valued at around $45 billion, according to The Information.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The altcoin season index remains at a low level, currently at 19.
The probability of Stable token's FDV exceeding $2 billion on its first day of launch rises to 85%

MOODENG surges over 43% in 24 hours, with a current market cap of $104 million
Suspected Wintermute wallet has accumulated approximately $5.2 million worth of SYRUP in the past two weeks