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Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

By TechTaffy Desk

Confirming reports from April, the series B investment comes from the participation of multiple venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma.

Here is the link: https://venturebeat.com/ai/elon-musks-xai-raises-6b-to-take-on-chatgpt/

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