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Elon Musk’s xAI closes in on $6 billion as AI race heats up
Elon Musk's xAI secures commitment from Sequoia Capital in bid to raise $6 billion for fledgling AI start-up.
Sequoia’s support for xAI comes as no surprise, the Silicon Valley investment firm is a long-time collaborator and backer of Musk, including The Boring Company and SpaceX. The capital investment from Sequoia and other investors will help accelerate the development of xAI’s chatbot, Grok, bringing it closer to the performance of its rivals. A seasoned technology writer and content strategist, he has contributed to many UK regional and national publications including The Scotsman, inews.co.uk, nationalworld.com, Edinburgh Evening News, The Daily Record and more.
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