Sunday, December 22, 2024
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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 […]

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