Elon Musk's AI company, xAI, raised another $6 billion in funding, TechCrunch reported via the U.S. Securities and Exchange Commission. The filing reports that each investor, of nearly 100, had to give a minimum of $77,

Meet the key figures at Elon Musk's xAI, the $50 billion startup behind the chatbot Grok that's taking on ChatGPT.

AI is planning to make Grok publicly accessible as a separate app on iOS. Musk’s AI has become incredibly competitive, as predicted by the OpenAI CEO.

A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia participated.

Elon Musk's xAI has raised $6 billion in its latest funding round, pushing its total capital raised to $12 billion at a valuation of $50 billion, reports TechCrunch. The round, which involved 97 investors,

Elon Musk‘s xAI has secured another $6 billion in funding. After landing the same amount in June, the artificial intelligence startup launched by the billionaire businessman – who is the founder of Tesla and SpaceX and CEO of X (formerly Twitter) – has received further investments in its Series C funding round.

Elon Musk's AI venture xAI raises $6 billion in Series C funding round on Monday, December 23. Blackrock, AMD, Nvidia, Fidelity were among the top investors pooling in the investment.