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Elon Musk’s xAI Seeks Up to $4 Billion to Compete With OpenAI

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April 11, 2024, 9:38 p.m. | Sarah McBride

Bloomberg Technology bloomberg.com

Elon Musk’s fledgling AI startup X.AI Corp. is looking to raise $3 billion to $4 billion in a deal that would value the company at $18 billion, according to materials sent to investors.

billion deal elon elon musk investors materials musk openai raise startup the company value xai

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