Elon Musk is seeking $4 billion as investment in his AI venture xAI, hoping to take on OpenAI

Elon Musk, in a bid to take on OpenAI and secure a sizeable portion of the infrastructure necessary for developing AI models, is looking for investors who can put up $3-4 billion in xAI. Musk’s fundraising plans could potentially value xAI at $18 billion post-funding round


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