Elon Musk's artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC's David Faber.

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Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center

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BlockBeats News, November 15th, according to CNBC reports, Elon Musk’s AI company xAI has raised up to $60 billion in funding at a valuation of $500 billion. Sources say that the funding is expected to be completed early next week, with $50 billion coming from a sovereign wealth fund in the Middle East and $10 billion from other investors, some of whom may wish to participate with additional investments.  According to sources familiar with the m…

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Musk's XAI Secures $6 Billion Funding To Purchase 100,000 NVIDIA Chips To Boost Supercomputing Center

Elon Musk listens as US President-elect Donald Trump speaks during a House Republicans Conference meeting at the Hyatt Regency on Capitol Hill on November 13, 2024 in Washington, DC.  Allison Robbert | Getty Images    
Elon Musk’s artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC’s David Faber. Sources told Faber that the funding, which should close early next week, is a combination of …

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TSLA  Follow your favorite stocksCREATE FREE ACCOUNTElon Musk listens as US President-elect Donald Trump speaks during a House Republicans Conference meeting at the Hyatt Regency on Capitol Hill on November 13, 2024 in Washington, DC. Allison Robbert | Getty Images Elon Musk’s artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC’s David Faber. Sources told Faber that the f…

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Elon Musk’s xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center – DG Verifications & Stats

Elon Musk's xAI, an ambitious venture aimed at unraveling the mysteries of the universe through artificial intelligence (AI), is in the process of securing a substantial $6 billion in funding, which will push its valuation to an impressive $50 billion, according to a report by CNBC’s David Faber. The funding…

Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center

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