Elon Musk is negotiating in the Middle East about artificial intelligence – FT.

Elon Musk in negotiations in the Middle East
Elon Musk in negotiations in the Middle East

Elon Musk is negotiating to raise funds for his artificial intelligence startup

American entrepreneur Elon Musk is negotiating with investors in the Middle East to raise funds for his artificial intelligence startup xAI. This is reported by the Financial Times.

The project could be valued at $45 billion. According to sources, Musk reached out to investors in Qatar and Saudi Arabia to support his startup. He also communicated with his current investors, including Sequoia Capital and Valor Equity Partners.

Investors were offered a potential valuation of $45 billion, which is almost double the level of funding reached this summer. Musk discussed this issue at a conference in Saudi Arabia earlier this week.

These guys are always ready to talk about new investment opportunities. And Musk is building one of the few large-scale companies in the field of artificial intelligence

Recall that Elon Musk previously “offered” his sperm to women if they agree to have his child. For this purpose, he built a family estate in Texas and started making such proposals last year.


Read also

Get access to the fresh news channel 112.ua

Go

Get access to the fresh news channel 112.ua

Go