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Elon Musk's AI company xAI completed $6 billion Series B financing, a16z and other investors participated

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2024-05-27 05:43:25
Elon Musk's artificial intelligence company xAI announced the completion of $6 billion Series B financing, Valor Equity Partners, Vy Capital, Andreessen Horowitz (a16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal, Kingdom Holding and other participation.
This round of financing will be used to bring xAI's first products to market, build advanced infrastructure, and accelerate the development of future technologies.
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