XAI Raises $6 Billion to Compete With OpenAI
by Brian Wang from NextBigFuture.com on (#6N3KC)
XAI has raised $6 billion in a Series B funding round 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. Elon Musk owns over half of xAI and xAI will be valued at about $24 ...