Sequoia commits to back Elon Musk’s xAI start-up
Sequoia’s backing, which was first reported by The Information, will come as a boost to Musk as he attempts to catch up with rival AI start-ups such as ChatGPT-creator OpenAI and Anthropic, as well as Big Tech companies including Meta and Google, which have built the most powerful leading large language models that underpin new AI tools.