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Home > Elon Musk Pod > Elon Musk’s xAI wants to raise $1 billion.
Podcast: Elon Musk Pod
Episode:

Elon Musk’s xAI wants to raise $1 billion.
Category: Technology
Duration: 00:06:10
Publish Date: 2023-12-06 21:30:00
Description:

Elon Musk's latest venture, X.Ai, has filed for a massive equity funding round, aiming to raise up to $1 billion. This move underscores Musk's shifting focus towards artificial intelligence, potentially signaling a new direction for his business strategy. This development is particularly notable given the challenges faced by another of Musk's acquisitions, X Corp. (formerly Twitter), which continues to struggle with profitability issues.
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