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Elon Musk’s xAI is reportedly trying to raise billions more
xAI, Elon Musk's AI startup, is reportedly in talks with investors to raise 'billions' more dollars at a valuation around $40 billion.
Elon Musk’s AI company, xAI, is in talks to raise new funding at a valuation around $40 billion, according to The Wall Street Journal. Soon after, the company — which recently moved into OpenAI’s old offices — developed its first model, Grok, to power various features on Musk’s social network, X (formerly known as Twitter). This month, X changed its privacy policy to allow third parties, including xAI, to train models on X posts.
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