xAI Raises 20 Billion Dollars Amid Deepfake Imagery Investigations

#London, #UK
Elon Musk and xAI raised 20 billion dollars in a new funding round as regulators in the UK and Malaysia investigate the startup over non-consensual deepfake imagery.The capital injection, which exceeded its initial 15 billion dollar target, includes strategic backing from Nvidia, Cisco, and the Qatar Investment Fund.This financial milestone follows warnings from Liz Kendall regarding potential fines after the Grok chatbot generated sexualized images of Ashley St Clair.
Published:Wednesday
Tags
#Qatar#Malaysia#ElonMusk#XAI#LizKendall#Grok#AshleyStClair#Nvidia#Cisco#AI#QatarInvestmentFund
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