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Elon Musk's AI company xAI completes $6 billion Series B financing, with participation from a16z and others

CointimeCointime2024/05/27 06:01
By:Cointime

Elon Musk's AI company xAI has announced the completion of a $6 billion B-round financing, with participation from Valor Equity Partners, Vy Capital, Andreessen Horowitz (a16z), Sequoia Capital, Fidelity Management Research Company, Prince Alwaleed Bin Talal, Kingdom Holding, and others. This round of financing will be used to bring xAI's first batch of products to market, build advanced infrastructure, and accelerate future technology research and development.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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