According to PANews, Elon Musk's artificial intelligence company, xAI, is reportedly in the process of raising $6 billion in funding. This information was revealed by two informed sources, who also stated that the company's valuation has reached $18 billion, excluding this investment. One of the insiders disclosed that Sequoia Capital is one of the investors participating in this round of xAI's funding. The other source predicted that the funding process is expected to be completed within the next two weeks.
Elon Musk's AI Company xAI Seeks $6 Billion Funding, Valuation Hits $18 Billion
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