1 link tagged with all of: technology + fundraising + elon-musk + chatbot + xai
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Elon Musk's AI company, xAI, is negotiating to raise $15 billion at a valuation of $230 billion, a significant increase from its previous $113 billion valuation. The company is rapidly spending to enhance its Grok chatbot and build infrastructure, continuing a trend of heavy cash burn among AI startups.
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