Elon Musk's AI startup xAI raises $6 billion in latest funding round *Elon Musk's AI startup xAI has raised $6 billion from investors, including US venture capitalists, NVIDIA, AMD, and investment funds from Saudi Arabia and Qatar. This funding will be used to develop products for billions of users and advance research. xAI is now valued at $50 billion, competing with OpenAI.
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