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🔺 Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions

Elon Musk's AI company, xAI, has raised $6 billion, bringing its total funding to $12 billion. This latest round involved 97 investors, with notable expected contributions from firms like Valor Equity Partners and Sequoia Capital. xAI aims for a $50 billion valuation, double what it was six months ago.

🔺 Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions

Elon Musk's AI company, xAI, has raised $6 billion, bringing its total funding to $12 billion. This latest round involved 97 investors, with notable expected contributions from firms like Valor Equity Partners and Sequoia Capital. xAI aims for a $50 billion valuation, double what it was six months ago.

https://techcrunch.com/2024/12/05/elon-musks-xai-lands-billions-in-new-cash-to-fuel-ai-ambitions/