Monday, May 27, 2024

Elon Musk says all of the $6B in xAI's Series B is new money rather than shares "given" to investors in Musk's takeover of Twitter (Axios)

Axios:
Elon Musk says all of the $6B in xAI's Series B is new money rather than shares “given” to investors in Musk's takeover of Twitter  —  - That said, there's plenty of overlap in the investor list, and it's unclear if the original Twitter/X backers also received additional equity in xAI …



No comments:

Post a Comment

Belgium-based Vertical Compute, a memory chip firm spun out of European VC firm Imec.xpand, raised a €20M seed led by Imec.xpand (Dean Takahashi/VentureBeat)

Dean Takahashi / VentureBeat : Belgium-based Vertical Compute, a memory chip firm spun out of European VC firm Imec.xpand, raised a €20M ...