Elon Musk's artificial intelligence (AI) firm, xAI, has successfully raised $6 billion in Series B funding, increasing the firm's valuation to $24 billion. Noteworthy investors in this funding round include Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal, and Kingdom Holding.
Established in July 2023, xAI…
