Elon Musk’s xAI raises $20B funding round backed by Nvidia and Cisco
Large language model developer xAI Corp. today announced that it has raised $20 billion in funding. The Elon Musk-backed company says that Nvidia Corp. and Cisco Systems Inc. participated in the Series E round. They were joined by Valor Equity Partners, Steps…
Large language model developer xAI Corp. today announced that it has raised $20 billion in late-stage funding. The Elon Musk-backed company says that Nvidia Corp. and Cisco Systems Inc. participated… [+4198 chars]