xAI, Elon Musk's AI company, has publicly announced a 'series B funding round' of $6 billion. xAI's series B funding round is announced with the participation of key investors, including Valor Equity Partner Prince Alwaleed Bin Talal, Andreessen Horowitz, Sequoia Capital, Kingdom Holding, Fidelity Management & Research Company, and Vy Capital, amongst others. Elon Musk's AI company said in its official post, "xAI will continue on steep trajectory of progress over the coming months, with multiple exciting technology updates and products soon to be announced." xAI said that the funds from the round would be used to taking the company's products to the market, build advanced infrastructure and accelerating research and development of future technologies. 'Can Cockroaches Live in Your Penis' Google AI Overview's Search Results Leave Elon Musk ROFLing, Here's What It Says.
Elon Musk's xAI Announces Funding Round:
NEWS: xAI publicly announces its series B funding round of $6 Billion. https://t.co/7VnniIkDor pic.twitter.com/MVD8rtKgmf
— X Daily News (@xDaily) May 27, 2024
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