xAI close to $6-billion funding deal
Elon Musk’s artificial intelligence startup X.AI Corp. is nearing a deal to raise $6 billion (R114.1 billion) in a funding round that would value the company at $18 billion, according to a person familiar with the matter.
Sequoia Capital will participate in...
WhatsApp $19 billion price tag questioned
Many have balked at Facebook paying $42 per WhatsApp user, dwarfing its own $33 per user cost of acquiring Instagram.