Saudi Prince Pumps $3B into Musk’s Growing AI Empire

Saudi Prince Pumps $3B into Musk’s Growing AI Empire - Moby BREAKING NEWS Saudi Arabian AI company Humain announced a fresh $3 billion in funding for Elon Musk’s xAI as part of the firm’s Series E. Since Musk’s other venture, SpaceX, decided to “acquire” xAI, the combined company is valued at a whopping $1.25 trillion. Humain itself is backed by Saudi Arabia’s Public Investment Fund (PIF), and the Crown Prince Mohammed bin Salman himself. Because this latest round occurred before the merger's closing, ...