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Elon Musk’s xAI raises $6 billion in Series B funding round

By Thomson Reuters May 27, 2024 | 12:38 AM

(Reuters) – Elon Musk’s artificial intelligence startup xAI has raised $6 billion in a Series B funding round backed by investors including Andreessen Horowitz and Sequoia Capital, among others, the company said in a blog post on Sunday.

(Reporting by Jahnavi Nidumolu in Bengaluru; Editing by Varun H K)