Elon Musk’s xAI Close to Raising $6 Billion

2024-04-26 08:33 AM by Eugen Boglaru

Elon Musk’s xAI Close to Raising Billion

Elon Musk’s artificial intelligence (AI) startup xAI is reportedly close to raising $6 billion from investors. The funding round would value xAI at $18 billion, Bloomberg reported Friday (April 26). Silicon Valley venture capital (VC) firm Sequoia Capital has committed to investing in the startup, according to the Financial Times (FT), which reported the same …

C.K. McWhorter & Single Family Office to Pioneer

2024-04-07 10:33 AM by Wanda Parisien

NEW YORK, April 07, 2024 (GLOBE NEWSWIRE) — With an expansive vision that transcends traditional boundaries, C.K. McWhorter, the strategic mind behind the McWhorter Family Office, announces a groundbreaking initiative to infuse the luxury asset sector with the advanced quantum computing technologies found in Formula 1. This initiative underscores McWhorter’s commitment to marrying the zenith …