Elon Musk’s artificial intelligence venture, xAI, is nearing the completion of a $6 billion funding round. As reported by CNBC, this financial injection will bring the company’s valuation up to $50 billion.

Elon Musk's artificial intelligence start-up xAI is seeking to raise as much as $1 billion, a Securities and Exchange Commission filing from this week shows.

Elon Musk's xAI reportedly raising multibillion-dollar funding round to upgrade its supercomputer - SiliconANGLE

With Trump set to assume office in January, I have my eyes on one particular artificial intelligence (AI) company.

Emerging from a tour in Iraq with the Marines to attend the Ohio State University and later Yale Law School, Vance burst into public as a bestselling author in 2016. The criticisms Vance initially leveled at Donald Trump back then are well-documented — “I go back and forth between thinking Trump is a cynical a**hole like Nixon who wouldn’t be that bad (and might even prove useful) or that he’s America’s Hitler,

During a recent interview with Yahoo! Finance, Wedbush Securities analyst Dan Ives explained why he's bullish on the technology sector right now. Furthermore, Ives went on to proclaim that Tesla (NASDAQ: TSLA) is positioned to kick into a whole new gear as Trump nears the Oval Office.