Elon Musk's xAl just took a critical step in building up. its war chest to take on Sam Altman's OpenAl.

The Al startup said in a blog post on Sunday that it had raised $6 billion for their Series B funding round.

The company, which is barely a year old, counts among its investors prominent VCs like Andreessen Horowitz and Sequoia Capital as well as Saudi Arabia's Kingdom Holding.

The mercurial billionaire said in a subsequent X post that xAl's pre-money valuation was $18 billion.

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