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Elon Musk's AI company xAI raised $6bn from investors, including Saudi Prince Alwaleed Bin Talal, for AI development and market entry.
Elon Musk's AI company xAI has raised $6bn from investors, including Saudi Prince Alwaleed Bin Talal, to fund the development of AI.
The company plans to use the funding to take its first products to market and accelerate research.
xAI's valuation prior to the investment was $18bn.
The funding will help Musk's company compete in the race to develop AI against Microsoft and Open AI, creators of Chat GPT.
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La empresa de IA de Elon Musk, xAI, recaudó 6.000 millones de dólares de inversores, incluido el príncipe saudí Alwaleed Bin Talal, para el desarrollo de la IA y la entrada al mercado.