AI Elon Musk’s xAI lands billions in new cash to fuel AI ambitions

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xAI, Elon Musk’s AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday. The new cash brings xAI’s total raised to $12 billion, adding to the $6 billion tranche xAI raised this spring. According to the Financial Times, only investors who’d backed xAI in its previous […]

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