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Elon Musk’s xAI approaches $24B value with new funding round
Elon Musk's AI company xAI is nearing a $24 billion valuation after a new funding round, led by notable investors such as Andreessen Horowitz and Sequoia Capital.
The xAI funding round includes contributions from investors like Andreessen Horowitz and Sequoia Capital, as mentioned in a recent company blog post. Unlike traditional chatbots, Grok is reportedly programmed to exhibit a politically incorrect and witty personality, drawing inspiration from conservative commentators like Tucker Carlson and Joe Rogan. Musk has taken legal action against his former company and its incumbent CEO, Sam Altman, for allegedly reneging on its original purpose to build AI for the benefit of humanity and not for the pursuit of profit.
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