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Authentic seeks to change how businesses buy insurance by creating a community around the software they use.

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Elon Musk's AI startup xAI is set to raise $6 billion in funding, led by Andreessen Horowitz, valuing the company at $18 billion, according to the Financial Times.

Xona Space Systems, a startup geolocation service provider, raises $19m in funding to develop its PULSAR navigation system.

Elon Musk is reportedly raising $6 billion at a $18 billion valuation for his latest venture, xAI.Corp. Initially, xAI was set to raise $3 billion with a premoney valuation of $15 billion. However, because of overwhelming interest from investors, the terms of the deal were renegotiated, resulting in a significant increase in valuation. "We all received an email that basically said, ‘It's now $6B on $18B, and don't complain because a lot of other people want in," an ano...

XAI, Elon Musk's artificial intelligence startup aiming to rival ChatGPT developer OpenAI, is set to close a massive $6 billion funding round that values the 10-month-old company at a staggering $18 billion.

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

Tech billionaire Elon Musks 10-month-old AI company, xAI, is raising $6 billion with an $18 billion pre-money valuation, according to reports by TechCrunch and The Information.The reports suggest that Musk who helped...

XAI, Elon Musk's artificial intelligence startup aiming to rival ChatGPT developer OpenAI, is set to close a massive $6 billion funding round that values the 10-month-old company at a staggering $18 billion.

(CTN News) - Tech mogul Elon Musk's AI startup, xAI, is making waves in the tech world as it gears up to secure a hefty $6 billion in funding, boasting an