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Elon Musk’s xAI in New Funding Talks

Source: New York Times

Elon Musk’s artificial intelligence start-up, xAI, is in talks to raise new financing that could value it at as much as $120 billion, up from $80 billion little more than a month ago, two people with knowledge of the discussions said.The talks are in the early stages, and xAI’s valuation could rise or fall as the talks progress, said the people, who spoke on the condition of anonymity. Investors have discussed…

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Read the original source at New York Times