Elon Musk's artificial intelligence company xAI announced a $6 billion Series B investment round that increases its valuation to $24 billion, according to Musk.
The ringing endorsement from Huang comes amid Musk's recent pivot to AI as the Tesla boss quietly scrapped his vision of growing volumes over tenfold to 20 million EVs a year by 2030.
QuantumScape just shipped a new version of its solid-state batteries.