BlackRock, a16z back Elon Musk’s xAI in $6B funding round
Elon Musks artificial intelligence company xAI, announced Monday it had raised $6 billion in a Series C funding round, with backing from major investors including BlackRock, Andreessen Horowitz (a16z), Fidelity, Morgan Stanley, and other high-profile investors.Strategic investors NVIDIA and AMD also participated in the round, continuing their support for xAIs infrastructure scaling efforts....
