xAI

Company

Last mentioned: 4d ago

Timeline

  1. $3B Investment

    Humain injects $3 billion into xAI to fund rapid scaling.

  2. SpaceX Acquisition

    SpaceX officially acquires xAI, merging the entities shortly after the funding round.

  3. Humain Founded

    Crown Prince Mohammed bin Salman establishes Humain to lead Saudi AI investments.

Stories mentioning xAI 1

Markets Bullish

Musk’s xAI Secures $3B Saudi Investment Ahead of SpaceX Merger

Elon Musk’s artificial intelligence venture, xAI, has received a $3 billion investment from the Saudi-backed firm Humain. The capital injection occurred immediately prior to xAI’s strategic acquisition by SpaceX, signaling a massive consolidation of Musk’s technological interests.

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