Elon Musk’s xAI raised $6 billion in a funding round, the artificial intelligence startup <a href="https://x.ai/blog/series-b" rel="nofollow noopener noreferrer" target="_blank" class="color-link" title="https://x.ai/blog/series-b" data-ga-track="ExternalLink:https://x.ai/blog/series-b" aria-label="announced">announced</a> late Sunday, boosting its billionaire owner’s ambitions to take on ChatGPT creator OpenAI and other companies like Google and Anthropic.

<div class="image-embed__placeholder"><img src="https://specials-images.forbesimg.com/imageserve/66542b963eccc791f23bdbed/Elon-Musk-and-xAI/960x0.jpg?cropX1=0&amp;cropX2=3314&amp;cropY1=141&amp;cropY2=2004" alt="Elon Musk and xAI" width="100%" height="auto"></div><figcaption><fbs-accordion><p class="color-body light-text">Musk said xAI's pre-money valuation was $18 billion.</p></fbs-accordion><small>Anadolu via Getty Images</small></figcaption>

 <div class="key-facts-element"> <p>In a <a href="https://x.ai/blog/series-b" rel="nofollow noopener noreferrer" target="_blank" class="color-link" title="https://x.ai/blog/series-b" data-ga-track="ExternalLink:https://x.ai/blog/series-b" aria-label="blog post">blog post</a>, xAI named Andreessen Horowitz, Sequoia Capital, Saudi entrepreneur Prince Alwaleed Bin Talal, Fidelity Management &amp; Research Company and others as the investors who participated in the Series B funding.</p>  </div> <div class="key-facts-element"> <p>In a <a href="https://x.com/elonmusk/status/1794975702812426595" rel="nofollow noopener noreferrer" target="_blank" class="color-link" title="https://x.com/elonmusk/status/1794975702812426595" data-ga-track="ExternalLink:https://x.com/elonmusk/status/1794975702812426595" aria-label="post on X">post on X</a>, Musk claimed xAI’s “pre-money valuation” was $18 billion.</p>  </div>


Musk claimed his AI startup had a $18 billion valuation before the latest funding round.{ai:summary}<p>Elon Musk's xAI raised $6 billion in funding to challenge ChatGPT and others, marking a $18 billion valuation. Investors include Andreessen Horowitz and Prince Alwaleed Bin Talal. #technology</p>

Elon Musk’s xAI Raises $6 Billion In Latest Funding Round

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