{"id":88338,"date":"2024-05-28T00:29:44","date_gmt":"2024-05-28T04:29:44","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88338"},"modified":"2024-05-27T23:59:55","modified_gmt":"2024-05-28T03:59:55","slug":"elon-musks-xai-valued-at-24-billion-after-fresh-funding","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2024\/elon-musks-xai-valued-at-24-billion-after-fresh-funding.html","title":{"rendered":"Elon Musk\u2019s xAI valued at $24 billion after fresh funding"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/elon-musk\/\">Elon Musk\u2019s<\/a>\u00a0artificial intelligence startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion as investors bet big on challengers to companies like\u00a0<a href=\"https:\/\/www.cnbc.com\/2024\/05\/14\/openai-cnbc-disruptor-50.html\">OpenAI<\/a>\u00a0in the intensifying AI race. The funding round was backed by investors including\u00a0<a href=\"https:\/\/www.cnbc.com\/katie-haun-andreessen-horowitz\/\">Andreessen Horowitz<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.cnbc.com\/alfred-lin-disruptor-50\/\">Sequoia Capital<\/a>, <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/05\/27\/elon-musks-xai-valued-at-24-billion-after-fresh-funding.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Elon Musk\u2019s\u00a0artificial intelligence startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion as investors bet big on challengers to companies like\u00a0OpenAI\u00a0in the intensifying AI race. The funding round was backed by investors [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88338","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=88338"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88338\/revisions"}],"predecessor-version":[{"id":88339,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88338\/revisions\/88339"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}