Valor, a16z, and Sequoia Invest $6B in Elon Musk’s xAI
In one of the biggest transactions in the fiercely competitive early market, Elon Musk’s artificial intelligence company, xAI, announced today that it had raised $6 billion in a new investment round. With this money, he plans to aggressively take on competitors like OpenAI, Microsoft, and Google. Investors in xAI’s Series B raising money include Valor…