XII Corp, a emerging company in the field of artificial intelligence owned by Elon Musk, will complete a financing round in June that can reach the value of the company to more than $ 24 billion, after the addition of this new financing, according to a person familiar with the agreement. Earlier this month, the company aimed to complete a financing of about $ 6 billion, but the agreement was not permanently concluded as it has been prepared since last year. The source, which asked not to be identified due to the confidentiality of information, added that the company currently wants to earn up to $ 6.5 billion, and hopes to approach this goal within the next few weeks. Elon Musk did not immediately respond to the steering request by email. Xai’s financing aspirations have expanded significantly since Bloomberg reported in January that the company wants to raise one billion dollars. The source indicated that the agreement with longer than expected. The purpose of Elon Musk was the emerging Xai, a competition for the company “Oben Ai”, which was presented to a group of Silicon Valley investors by a presentation showing the Musk master’s record in the “Tesla” and “SpaceX” business, according to “Bloomberg New” that was previously reported. The shows also indicated that Xai, and the automatic chat technology, called Grok, would be able to take advantage of high quality data from the X Social Media platform, previously called ‘Twitter’. Reaching data is very important to build large language models, which are the technology that takes the automatic chats with artificial intelligence, a field in which Xai seeks to compete with other well -funded companies, such as “Oben Ai”. The agreement will give Xai a prior $ 18 billion evaluation, an assessment that does not include the dollars collected. The Financial Times has previously published some details on the agreement. ‘Musk’, today, Thursday, spoke during a remote interview at the ‘FIFA Technology’ conference in Paris about the purpose of ‘Xai’ of ‘search for the truth as possible’. He has criticized other artificial intelligence models developed by Google and ‘Alphabet’ and ‘Oben Ai’ and described it as ‘lying’ for the political righteous stream. He added that the other purpose for Xai is an attempt to be the most entertaining artificial intelligence platform. “
“Xai” is near a financing measure that increases its value to $ 24 billion
