Another day. Another neolab fundraise. xAI cofounder Igor Babuschkin is in talks to raise up to $1 billion at an up to $5 billion valuation for a new AI startup, sources tell Forbes. www.forbes.com/sites/rashis...
xAI Cofounder Igor Babuschkin In Talks To Raise Up To $1 Billion For A New AI StartupHe’s the latest superstar AI researcher to take advantage of the wave of investment dollars going into so-called ‘neolabs,’ which have no product or revenue.www.forbes.com