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Jul 13, 2023 · xAI is Elon Musk’s just-announced artificial intelligence company. Its 12-strong team plans to “understand the true nature of the universe”, according to an announcement posted on the xAI...
May 27, 2024 · Elon Musk’s AI startup, xAI, has raised $6 billion in a new funding round, it said today, as Musk shores up capital to aggressively compete with rivals including OpenAI, Microsoft and Alphabet.
Our Series B funding round of $6 billion with participation from key investors including Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, amongst others.
May 23, 2024 · The funding round would give xAI a so-called post-money valuation of $24bn once the new investment is taken into account, and help the start-up develop new versions of its Grok chatbot.
Jul 12, 2023 · The company has not said how it is financed but the Financial Times reported in April that Musk was discussing getting funding from investors in SpaceX and Tesla, two companies he runs.
May 27, 2024 · xAI, the AI startup created by Elon Musk, announced a $6 billion round of funding as it attempts to compete with OpenAI, Google, Microsoft and all the rest.
May 27, 2024 · Elon Musk's AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion as investors bet big on challengers to companies like OpenAI in the intensifying...
