Nairobi (CoinChapter.com) – Elon Musk’s artificial intelligence (AI) startup, xAI, has successfully raised $6 billion in Series B funding. This funding round has not only increased xAI’s post-money valuation to $24 billion but has also gained substantial support from Andreessen Horowitz and Sequoia Capital. With this financial boost, xAI is now poised to bring its initial products to the market and expedite the advancement of cutting-edge infrastructure and future technologies. During an announcement on X, Musk revealed that the pre-money valuation stood at $18 billion.
