Elon Musk's AI Startup xAI Secures $6 Billion In Series C Funding

According to Odaily, Elon Musk's artificial intelligence startup, xAI, has announced a $6 billion Series C funding round. The list of investors includes prominent names such as a16z, BlackRock, Fidelity, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, Sequoia Capital, Valor Equity Partners, Vy Capital, NVIDIA, and AMD. The announcement was made on the platform X, highlighting the significant financial backing from these major investment firms.