Elon Musk’s xAI raises $6 billion to develop artificial intelligence

Elon Musk’s xAI raises $6 billion to develop artificial intelligence
Elon Musk (Kirsty Wrigglesworth/PA)
Mon, 27 May, 2024 - 16:25
Associated Press Reporter

A group of investors will put up six billion dollars (€5.5 billion) to fund development of artificial intelligence by Elon Musk’s xAI.

The company said on its website that the Series B funding round will be used to take xAI’s first products to market and speed up research.

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