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xAI Is Raising $3 Billion

By Brian Wang

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NextBigFuture
Apr 06, 2024
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Investors close to Elon Musk are in talks to help xAI raise $3 billion in a round that would value the artificial intelligence startup at $18 billion.

The venture-capital firm Gigafund and Steve Jurvetson, a prominent Musk backer and co-founder of another venture firm, are among the backers considering investing in the round, the people said.

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