xAI, Elon Musk’s AI company, raised $6 billion in a Series C financing round, boosting its valuation to $45 billion. Major investors included Andreessen Horowitz, Blackrock, and Kingdom Holdings, which invested $400 million. The company launched the AI supercomputer Colossus and developed models like Grok 2 and Grok 3. The funding will enhance infrastructure and product development focused on beneficial AI. xAI is also hiring for mission-driven roles.
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