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xAI raises $6B in a Series C funding round #xAI secures $6B in a Series C funding round from A16Z, Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy Capital and others. xAI will utilize raised funds to accelerate its infrastructure, research and development of future technologies. xAI is a company working on building artificial intelligence to accelerate human scientific discovery. ๐ x.ai/blog/series-c
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Trrue receives a $10M investment commitment from GEM Digital #Trrue secures a $10M investment commitment from #GEMDigital to accelerate the development of blockchain technology with a focus on sustainability and regulatory compliance. Trrue will utilze secured funds for product development, ecosystem growth and further exchange listings for the platform's utility token. In return, GEM Digital will receive $TRRUE tokens in the ESG-focused blockchain. Trrue is a #Layer1 network that aims to unlock enhanced compliance opportunities for #ESG and Impact projects. ๐ coindesk.com/business/2024/12/24/esg-focused-blockchain-trrue-secures-10-m-investment-commitment-from-gem-digital
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