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XAI RAISES $20B IN SERIES E FUNDING
Elon Musk AI company #xAI has completed a $20 billion Series E funding round, exceeding market expectations of $15 billion. The round included participation from multiple institutional and strategic investors, including #NVIDIA and #Cisco
The funds will be used to accelerate compute infrastructure expansion and the development of next-generation AI products. xAI’s products currently reach around 600 million monthly active users.
Elon Musk AI company #xAI has completed a $20 billion Series E funding round, exceeding market expectations of $15 billion. The round included participation from multiple institutional and strategic investors, including #NVIDIA and #Cisco
The funds will be used to accelerate compute infrastructure expansion and the development of next-generation AI products. xAI’s products currently reach around 600 million monthly active users.
Cisco has finally climbed back to its dot-com peak after nearly 25 years.
A full recovery from one of the biggest bubbles in market history.
#stocks #tech #MarketHistory #Cisco #Investing
A full recovery from one of the biggest bubbles in market history.
#stocks #tech #MarketHistory #Cisco #Investing
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