xAI Secures USD 6 Billion in New Funding to Enhance AI Capabilities
xAI, Elon Musk's artificial intelligence (AI) company, has raised USD 6 billion in new capital, according to a regulatory filing. The equity financing came from 97 investors and includes stakes as small as USD 77,593, as stated in the filing with the US Securities and Exchange Commission on Thursday. The filing did not disclose the identities of the investors. Furthermore, the company has not provided specific information regarding its valuation... Read More