Elon Musk’s xAI Close to Raising $6 Billion

pymnts.com/artificial-intelligence-2/2024/elon-musks-xai-close-to-raising-6-billion

Elon Musk’s artificial intelligence (AI) startup xAI is reportedly close to raising $6 billion from investors.
The funding round would value xAI at $18 billion, Bloomberg reported Friday (April 26).
Silicon Valley venture capital (VC) firm Sequoia Capital has committed to investing in the startup, according to the Financial Times (FT), which reported the same figures as…

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