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Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions

xAI, Elon Musk’s AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Investors gave a minimum of $77,593, per the filing. 97 participated, but the document doesn’t reveal their identities. The Wall Street Journal previously reported that Valor Equity Partners, Sequoia Capital, and Andreessen Horowitz
© 2024 TechCrunch. All rights reserved. For personal use only.

xAI, Elon Musk’s AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Investors gave a minimum of $77,593, per the filing. 97 participated, but the document doesn’t reveal their identities. The Wall Street Journal previously reported that Valor Equity Partners, Sequoia Capital, and Andreessen Horowitz […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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