YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Musk’s AI company raises $6B

Posted online

Elon Musk’s artificial intelligence company, xAI, brought in $6 billion during a funding round.

The funding round valued xAI at $18 billion, not including the new money, according to Musk.

Company officials said the funds would be used “to take xAI’s first products to market, build advanced infrastructure and accelerate the research and development of future technologies."

Read more from The New York Times.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: The Quilted Cow

A franchise store of a Branson West-based quilting business made its Queen City debut; Grateful Vase launched in Lebanon; and Branson entertainment venue The Social Birdy had its grand opening.

Most Read
SBJ.net Poll
Update cookies preferences