Elon Musk xAI holdings is in talks to raise approximately $20 billion in funding, potentially valuing the company at over $120 billion. This follows xAI’s acquisition of social media platform X (formerly Twitter). The fundraising effort aims to support the development of advanced AI technologies, including enhancements to its Grok chatbot. Bloomberg+6Reuters+6mint+6
Highlight:
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Elon Musk xAI wants $20 billion in new funding!
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xAI, owner of X (formerly Twitter), is now valued at over $120 billion.
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xAI funding supports upgrades like the “Grok” chatbot with new “vision” skills.
🔗 Trusted Source – Reuters Report on xAI
👉 Why this matters: xAI is shaping the future of AI conversations and tech innovation.
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