Elon Musk’s AI startup raises $6B from BlackRock, Nvidia, AMD, and others
xAI has successfully closed its Series C funding round, raising $6 billion with participation from investors such as A16Z, BlackRock, Morgan Stanley, Fidelity Management & Research Company, Lightspeed, and Sequoia Capital, among others.With this, the company is said to have raised a total of around $12 billion.Strategic investments from NVIDIA and AMD were also…
December 24, 2024