xAI Funding Round: Elon Musk’s AI Company Announces ‘Series B Funding Round’ of USD 6 Billion
Elon Musk's AI company xAI announced its series B funding round of $6 billion. The company partnered with key investors and said that it would use the funds for taking first products to market and promote growth of the company, check details.
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:
(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)