xAI, the ambitious, the Elon Musk in the area of artificial intelligence, is poised to take a step toward the giant. Only 10 months after the launch of her own, the company is collecting up to 6 billion dollars in a preliminary assessment of the 18 billion dollars, according to a source trusted by the agreement.
The transaction, which is expected to close in the coming weeks, and will reward investors in the fourth part of the company, with the exclusion of further changes in the terms and conditions of the agreement. Terms and conditions of the agreement and have already undergone a significant change. First of all, Jared Birchall, head of the office is the family of Musk, was communicated to the investors with the potential for another round of 3 billion dollars, with a preliminary estimate of 15 billion.
However, taking into account the interest of major investors, the numbers were revised quickly to the top. A source for the TechCrunch has discovered that the investors received an e-mail announcing the increase in the amount of 6 billion u.s. dollars in an estimated 18 billion dollars, exhorting them not to complain, by taking into account the high demand.
A range of small investors, to profile the top
The round of financing of xAI are attracting attention from some of the companies most prominent in this field. Sequoia Capital, and Future Ventures, the company's bashkëthemeluar from a friend in the Musk, Steve Jurvetson, are among the participants are confirmed. Investors and other stars include the Valor Equity Partners, and Gigafund, the founder of which they are a part of the people of the interior of Musk, known for the mixture and then there is the rest with him in private.
According to the marketing xAI reveals the ambitious aim of the company is: to connect the world of the digital and the physical. Musk aims to achieve this milestone by gathering the data from each of the companies of his own, including Tesla, SpaceX, Boring Company, and Neuralink. In this vision, it may lead to something revolutionary, such as cars, self-management, and the robot humanoidë to the more advanced.
The implications for the X-and OpenAI
At the moment in the rise of xAI, may have important implications for the X platform in social media to Musk. Despite the controversy of the past, the X has a share in the xAI and will benefit from all advantages of the increase of his own. Meanwhile, the rivalry between xAI and OpenAI, the bashkëthemeluar of Musk in 2015, is getting more and more heated. Elon Musk has criticized publicly for the management of OpenAI, and has even sued the company.
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