xAI News: xAI Secures $5 Billion In New Funding

xAI Unicorn News - November 21, 2024

Elon Musk's AI startup, xAI, has raised $5 billion in a new funding round, doubling its valuation to $50 billion. The funds will be used to acquire 100,000 Nvidia chips, enhancing xAI's computational capabilities for AI model training.

Sources
https://www.pymnts.com/news/2024/report-elon-musks-xai-raises-5-billion-and-doubles-valuation/
https://biztoc.com/x/8790c3c93c9dea05
https://biztoc.com/x/8b553fe7e34a6654

Outline
(00:00:00) Introduction
(00:00:28) Elon Musk's xAI Raises $5 Billion in Latest Funding Round

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