(Reuters) -Elon Musk’s artificial-intelligence company, xAI, is in advanced talks to raise $15 billion in new equity at a $230 billion valuation, the Wall Street Journal reported on Tuesday. The terms of the new fundraising were disclosed to investors by Musk’s wealth manager, Jared Birchall, on Tuesday night, the report added. Reuters could not immediately verify the report. (Reporting by Rajveer Singh Pardesi in Bengaluru; Editing by Nivedita Bhattacharjee )
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
By David Lawder SAVAGE, Minnesota, Jan 10 (Reuters) - U.S. Treasury Secretary Scott Bessent has…
Mumbai (Maharashtra) [India], January 10: In today’s fashion world, fast trends and mass produced designs…
Ludhiana (Punjab) [India], January 10: Asian Granito India Limited (AGL), a leading brand in luxury…
Mumbai (Maharashtra) [India], January 10: Hollywood actor and producer Prashant Rai has added an intriguing…
Kanpur (Uttar Pradesh) [India], January 8: Rising above caste boundaries despite being born into a…
Akhila Unnithan, Mrs World Unity International, is handing over to Moumita Dutta Guru New Delhi…