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Home > TechCheck > Elon Musk’s Web of Loyalists Back xAI 5/28/24
Podcast: TechCheck
Episode:

Elon Musk’s Web of Loyalists Back xAI 5/28/24
Category: Technology
Duration: 00:06:06
Publish Date: 2024-05-28 19:06:52
Description:

Elon Musk's startup xAI is now valued at $24 billion after raising $6 billion in a fresh round of funding. The new raise is backed by a web of Musk's most loyal insiders – including venture capitalists like Andreessen Horowitz and Sequoia, who also invested in his acquisition of X, but also includes institutional support from Fidelity and some new faces.
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