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Elon Musk’s AI startup xAI raises further $6 billion

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Elon Musk's xAI secures $6 billion in new funding

Billionaire tech mogul Elon Musk’s startup xAI said it had raised $6 billion from investors in its latest funding round, as it battles stiff competition in the artificial intelligence market. The firm, whose flagship product is the Grok chatbot, garnered support from US venture capitalists, chipmakers NVIDIA and AMD, and investment funds from Saudi Arabia […]

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