Elon Musk's AI company xAI completes $6 billion Series B financing, with participation from a16z and others
Elon Musk's AI company xAI has announced the completion of a $6 billion B-round financing, with participation from Valor Equity Partners, Vy Capital, Andreessen Horowitz (a16z), Sequoia Capital, Fidelity Management Research Company, Prince Alwaleed Bin Talal, Kingdom Holding, and others. This round of financing will be used to bring xAI's first batch of products to market, build advanced infrastructure, and accelerate future technology research and development.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pennsylvania bill proposes 10% Bitcoin reserve for treasury
JENNER meme coin jumps 90% amid Caitlyn Jenner lawsuit
WLFI integrates Chainlink for secure DeFi expansion
Solana leads 2024 blockchain traffic with 38.79% share