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Musk’s xAI reportedly seekingn $10B in a new funding round

CryptoSlate•Friday, September 19, 2025 at 8:00:35 PM
PositiveCryptocurrency
Musk’s xAI reportedly seekingn $10B in a new funding round
Elon Musk's artificial intelligence startup, xAI, is making headlines as it seeks to raise $10 billion in a new funding round, aiming for a staggering $200 billion valuation. This funding is crucial as it will primarily be used to build data centers equipped with advanced Nvidia and AMD graphics processing units, which are essential for developing next-generation AI technologies. This move not only highlights the growing importance of AI in today's tech landscape but also underscores Musk's ambitious vision for the future of artificial intelligence.
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