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Musk’s AI company raises $6B

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Elon Musk’s artificial intelligence company, xAI, brought in $6 billion during a funding round.

The funding round valued xAI at $18 billion, not including the new money, according to Musk.

Company officials said the funds would be used “to take xAI’s first products to market, build advanced infrastructure and accelerate the research and development of future technologies."

Read more from The New York Times.


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