According to a CNBC report, the company is now valued at $200 billion.
Elon Musk-backed artificial intelligence startup, xAI, has reportedly raised $15 billion in its latest round of fundraising.
Add Asianet Newsable as a Preferred Source
According to a report by CNBC citing sources familiar with the matter, the AI startup is valued at $200 billion. It added that xAI will use the capital to fund purchases of graphics processing units (GPU) to train its large language models.
Get updates to this developing story directly on Stocktwits.<
For updates and corrections, email newsroom[at]stocktwits[dot]com.<