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). xAI later announced (confirming some earlier reporting) that Andreessen Horowitz , Blackrock, Fidelity, Kingdom Holdings, […]
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Summary
Elon Musk’s AI company, xAI, has secured $6 billion in funding, as reported in a recent filing with the U.S. Securities and Exchange Commission. The investors, totaling 97, each contributed a minimum of $77,593. Notable backers include Andreessen Horowitz, Blackrock, Fidelity, and Kingdom Holdings.
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