Elon Musk’s xAI raises six billion dollars to develop artificial intelligence

📆 5/27/2024 5:03 PM
📰 Glasgow_Times

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XAI said it has made ‘significant strides’ during the past year in developing the technology, which will continue in the coming months.

A group of investors will put up six billion dollars to fund development of artificial intelligence by Elon Musk’s xAI.

XAI said it has made “significant strides” during the past year in developing the technology, which will continue in the coming months.Investors in the latest round include Andreessen Horowitz, Sequoia Capital, Fidelity Management & Research, Valor Equity Partners, Vy Capital, Saudi Prince Alwaleed Bin Talal and Kingdom Holding.

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