xAI looks to raise $6b in Andreessen Horowitz-backed funding round: FT

xAI looks to raise $6b in Andreessen Horowitz-backed funding round: FT

FILE PHOTO: xAI logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Elon Musk’s artificial intelligence startup, xAI, is seeking to raise close to $6 billion in a funding round backed by Silicon Valley heavyweights including Andreessen Horowitz, the Financial Times reported on Thursday.