Elon Musk’s xAI Secures $6 Billion in Funding to Expand AI Capabilities
Recently, tech billionaire Elon Musk raised about six billion dollars in a Series C funding round for his company, xAI. This company aims to develop AI models that compete with those from OpenAI, Meta, and others. The investors in this round include Sequoia Capital, Nvidia, and AMD. Additional investors are Andreessen Horowitz, Morgan Stanley, BlackRock, … Read more