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Musk’s xAI Nears Funding at $18 Billion Value Soon As This Week

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May 9, 2024, 12:34 a.m. | Bailey Lipschultz, Katie Roof

Bloomberg Technology bloomberg.com

Elon Musk’s artificial intelligence startup X.AI Corp. is set to close its funding round at a valuation of about $18 billion as soon as this week, according to people familiar with the matter.

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