Published: May 28, 2024, 05:15 IST | Updated: May 28, 2024, 05:15 IST
World Business Watch May 28, 2024, 05:15 IST
xAI secures $6 BN in series b funding, reaches $24 BN valuation
Elon Musk's startup xAI has secured $6 billion in series B funding. This propels xAI to a post-money valuation of $24 billion. xAI plans to leverage these funds to bring its first products to market, build advanced infrastructure, and accelerate research for future technologies.