Elon Musk’s xAI Secures $3B Investment From Saudi AI Firm HUMAIN
Saudi artificial intelligence firm HUMAIN has confirmed a $3 billion Series E investment in xAI just weeks before the startup’s merger with SpaceX. The transaction converts HUMAIN’s xAI stake into SpaceX shares, positioning the Saudi-backed firm as a significant minority shareholder in the newly combined entity. The investment gives HUMAIN exposure to what has been … Read more