Elon Musk may soon receive billions of dollars in funding to turn his chatbot Grok into a formidable competitor to ChatGPT. Two insiders revealed that Musk's year-old startup xAI is seeking $6 billion in funding, valuing the company at $18 billion excluding this investment. One insider said that Sequoia Capital is one of the investors participating in this round of xAI funding, while another insider said that the funding is expected to be completed within the next two weeks. This round of funding is one of the largest single funding rounds in the artificial intelligence sector.
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