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Elon Musk’s xAI Raises $6 Billion to Compete in AI Race
Elon Musk’s artificial intelligence company, xAI, has secured a massive $6 billion in Series B funding, valuing the startup at $24 billion post-investment. This capital injection positions xAI to go head-to-head with industry giants like Microsoft and Google in the race to develop cutting-edge AI technologies. The funding round attracted high-profile investors, including venture capital…