Primary Country (Mandatory)

United States

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
English
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
English
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
CNN
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
AajTak
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
CRZ Yoga Butterluxe Leggings Buy Now
Duduma Polarized Sports Sunglasses Buy Now
Bandhani Georgette Saree Buy Now
J.VER Men's Dress Shirts Buy Now
URAO Laptop Celeron N5095 Quad-Core Buy Now
Ninja DualBrew Pro Coffee Maker Buy Now
Smart Piano with Rainbow Lights Buy Now
Casual Loose T-Shirts Buy Now
Georgette Dyed & Hot Fixing Saree with Unstitched Blouse Piece Buy Now
ODODOS Women's Sweat Shorts with Pockets Buy Now
BIODANCE Bio-Collagen Deep Hydrating Mask Buy Now
Hanes Women's V-Neck Tee Buy Now
Turtleneck Long Sleeve Cable Knit Sweaters Buy Now
Sunzel Flare Leggings Buy Now
Northwest Batman Cloud Pillow Buy Now
Kanjivaram Cotton Silk Sarees Buy Now
Saneen Digital 4k Cameras for Photography Buy Now
Bowflex SelectTech 552 Dumbbells Buy Now
Classic Fit Signature Lux Cotton Stretch Pants Buy Now
Essentials Men's Slim Jeans Buy Now
MoreBack to News Headlines
Elon Musk’s xAI could be valued at more than $20B after heavy demand in first funding round: sources

Elon Musk’s xAI could be valued at more than $20B after heavy demand in first funding round: sources

NY Post
Saturday, May 11, 2024 8:38 AM GMT

Elon Musk’s new AI startup could be valued at a higher-than-expected $20 billion in its first funding round, with investor demand surging as the process nears a close, The Post has learned.

Musk’s xAI — which powers the snarky Grok chatbot — could raise between $7 billion and $8 billion at that lofty valuation as it competes with Google’s Gemini AI platform and OpenAI’s ChatGPT, a source with knowledge told The Post.

That would exceed the $6 billion getting raised at an $18 billion valuation reported by Bloomberg earlier this week.

Musk — who launched Tesla, SpaceX, Neuralink and Boring — has asked xAI investors to wire in money by the end of Friday before he closes the window on the first funding round, another source who is investing in xAI said.

“People are asking for a second close so they can put more money in,” the source told The Post on Friday.

Part of the reason for the overwhelming demand has been Musk making a convincing case that he can leverage Tesla’s computing power to help xAI, a second source investing in the round said. The electric vehicles use only 10% of their computing power,

Read full story on NY Post
Share this story on:-
Run 3 Space | Play Space Running GamePlay Run 3, the ultimate space tunnel running game with 300+ challenging levels!Adv.
Traffic Jam 3D | Online Racing GameTraffic Jam 3D is a game where you’ll be driving through heavy traffic.Adv.
Duck Hunt | Play Old Classic GamePlay the classic 1984 light gun shooter game Duck Hunt on your browser.Adv.
More Related News
Summer 2025 in New York: Borscht Belt laughs, butterfly gardens, ‘glamping’ and more

If the thermometer-shattering temperatures and sweltering sun weren’t proof enough, pleasant spring days are long gone.

Fashionistas are swarming an NYC pharmacy to snatch Carolyn Bessette-Kennedy’s coveted, iconic headband

She’s still turning heads — and inspiring headbands.

The Hamptons’ priciest martini costs $8K and comes with a seriously luxe twist: ‘I’m sure they’re gonna sell’

That’s one glam gulp.

Divorced couples are moving in with ex’s new partners to help take care of the kids — and save money

Three isn’t a crowd to Megan Meyer, her husband, Michael Flores, and her ex-hubby, Tyler.

Diners who hate spicy food feel ‘heat shamed’ by restaurants — why is it a crime to skip the sriracha?

For some, the spice ain’t nice.

Parking Slot | Free Parking GamePlay Parking Slot, the best online 3D car driving and parking game.Adv.
Slope Ball Run - Play OnlineSlope Game takes you on an exciting journey of a ball on special paths.Adv.
No screens, no screams: Here’s how modern moms are ‘restaurant training’ their kids to crush their zombie tablet behavior

When it comes to NYC dining, mom Jamie Boxer doesn’t kid around. 

Can you tell an AI influencer from a real one? The Post polled Times Square visitors — and the results were not great

Don’t believe your lying eyes.

These die-hard New Yorkers dedicate their lives to showing tourists the best of the Big Apple — and they have no plans to stop

All aboard!

Baby got Bach! Ivory-tickling tot, 5, makes youngest-ever debut at NYC’s Carnegie Hall this weekend

Alec Van Khajadourian plays to his strengths.

NYC is in its quirky bar era — here are 5 to check out with turtle races, horror-fueled dolls, ‘Moby-Dick’ chic and more

New York’s nightlife always has flair — but these five boozy, buzzy haunts are taking cool, quirky and strange to new heights.

Side-hustling mamas are paying for lavish vacations, weddings by selling their breast milk — to thirsty bodybuilders and babies in need

Keira Williams is milking motherhood for all it’s worth. 

Inside Brooklyn’s ‘unique’ jazz haven where Duke Ellington meets viral fame and all ages sit and enjoy the music: ‘It’s so special’

Step inside this Bed-Stuy brownstone and you’ll swear you’ve been whisked back to a jazz venue in 1940s Brooklyn.

Truck you, Yelp! These are 5 of NYC’s best restaurants on wheels that you totally ignored

We were trucked over.

Celeb and fashion photographer, nabbed in high-profile pot bust, gets new life post-Rikers — as owner of cannabis dispensary

She’s the Tzar of New York cannabis.

Swarthy 21-year-old wins ‘complete joke’ Leonardo DiCaprio lookalike contest

He’s been crowned Dicaprio’s doppelgänger.

Record-high rents and bidding wars leave NYC house hunters scrambling for shelter this summer

Daniela Mora, a stand-up comedian and content creator, found nothing to laugh about when she began her hunt for a one-bedroom rental in Manhattan this year. 

Yankee Stadium all-star Lobel’s brings famed steak sandwiches to Midtown for the first time — after 160 years in the butcher biz

Bronx Bomber fans know all about Lobel’s world-class steak sandwiches, served only at Yankee Stadium — until very recently.

© 2008 - 2025 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us