Elon Musk's xAI raises $6 billion in series B round to challenge OpenAI, with $18 billion valuation.

From Nasdaq: 2024-05-27 03:25:23

Elon Musk’s xAI secures $6 billion in Series B round to challenge OpenAI. Funds to launch products, develop technologies. Backed by Valor Equity Partners, Vy Capital, others. Pre-money valuation at $18 billion.



Read more at Nasdaq: Elon Musk’s XAI Raises $6 Bln In Series B Round