(CNBC) Elon Musk’s artificial intelligence startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion as investors bet big on challengers to companies like OpenAI in the intensifying AI race. The funding round was backed by investors including Andreessen Horowitz and Sequoia Capital,
Elon Musk’s xAI valued at $24 billion after fresh funding
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