Elon Musk’s xAI Raises $6 Billion

Elon Musk’s artificial intelligence company, xAI, said on Sunday that it has raised $6 billion, helping to close the funding gap with OpenAI, Anthropic and other rivals in the red-hot industry. 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,”…

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