Musk's AI company xAI is raising $6 billion in financing, with Sequoia Capital and others participating

According to BlockBeats, on April 26, according to The Information, Musk's AI company xAI is raising $6 billion in financing. Excluding this financing, xAI is valued at $18 billion. This round of financing was participated by Sequoia Capital and other institutions. People familiar with the matter said that the financing is expected to be completed in the next two weeks. This round of financing represents the largest amount of funds raised by startups competing to develop technologies similar to OpenAI and Anthropi, which can have conversations and create art like humans.