Elon Musk's xAI Secures $6 Billion in Series C Funding

According to Foresight News, Elon Musk recently tweeted that BlackRock holds less than 0.5% of shares in his AI company, xAI, and is among several investors. Previously, Foresight News reported that xAI completed a $6 billion Series C funding round. Major investors in this round include a16z, BlackRock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, and Vy Capital.