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You are at:Home ยป Elon Musk Successfully Secures $6 Billion Investment for xAI, an AI Venture
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Elon Musk Successfully Secures $6 Billion Investment for xAI, an AI Venture

By adminMay. 27, 2024No Comments1 Min Read
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Elon Musk Successfully Secures $6 Billion Investment for xAI, an AI Venture
Elon Musk Successfully Secures $6 Billion Investment for xAI, an AI Venture
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Musk’s involvement in AI projects predates xAI. In 2018, he co-founded OpenAI before parting ways with CEO Sam Altman. Notably, xAI’s recent funding round garnered support from Musk’s staunchest supporters, including prominent Silicon Valley companies such as Andreessen Horowitz and Sequoia Capital. Other backers included Kingdom Holding, led by Prince Alwaleed Bin Talal, Valor Equity Partners, and Vy Capital from Dubai. Stay updated on the latest technology news by visiting Access NEWSLINKER.

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