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International Business Times

Technology

Kiran Tom Sajan

Elon Musk's xAI Secures $6 Billion For AI Innovations, Infrastructure Expansion

Elon Musk XAI OpenAI Nvidia

Elon Musk (Credit: AFP)

Elon Musk's artificial intelligence company xAI has successfully raised $6 billion from a consortium of key investors to support the expansion of its technology.

The funding, announced on the company's website Sunday, will be utilized to "bring xAI's first products to market, build advanced infrastructure, and accelerate the research and development of future technologies."

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