Elon Musk’s xAI lands billions 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. The new cash brings xAI’s total raised to $12 billion, adding to the $6 billion tranche xAI raised this spring. According to the Financial Times, only investors who’d backed xAI in its previous […] © 2024 TechCrunch. All rights reserved. For personal use only....