Elon Musk’s AI venture, xAI, has secured $6 billion in a Series C financing round, significantly advancing its ambitions in artificial intelligence. The announcement reveals a diverse group of backers, including major players like Andreessen Horowitz, Blackrock, Fidelity, and Nvidia. Notably, Saudi conglomerate Kingdom Holdings contributed approximately $400 million, elevating xAI’s valuation to $45 billion—nearly […]
