winnerama80freespins| Musk's new round of xAI financing may exceed US$6 billion, with a valuation of US$18 billion

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According to people familiar with the matter, Musk's artificial intelligence startup xAI is expected to complete a round of financing in June. Including this financing, the company's valuation could exceed $24 billion.

Excluding the amount raised, the deal would bring xAI's pre-investment valuation to $18 billion.

winnerama80freespins| Musk's new round of xAI financing may exceed US billion, with a valuation of US billion

The company was scheduled to complete approximately $6 billion in financing earlier this month, but the deal has been in the works since last year and has not yet been finalized. Recently, the company has been seeking up to $6.5 billion in financing and plans to approach that goal in the coming weeks.

In January this year, it was reported that xAI was seeking to raise $1 billion. But since then, the company's funding goals have expanded sharply. People familiar with the matter said the deal negotiations had been extended.

In a remote interview at the Viva Technology Conference in Paris on Thursday local time, Musk talked about xAI's goal of "seeking the truth as much as possible."winnerama80freespinsHe criticized other artificial intelligence models developed by Alphabet.'s Google and OpenAI for "pandering" to political correctness. He added that another goal of xAI is to "strive to be the most interesting artificial intelligence around."

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