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Musk's xAI completes $5 billion financing at a valuation of $45 billion

2024-11-15 13:01
Odaily News According to the Financial Times, Musk's xAI will achieve a multi-billion dollar valuation jump through new transactions. According to people familiar with the matter, Musk's artificial intelligence startup xAI has raised $5 billion and its valuation has reached $45 billion, almost double its valuation a few months ago.