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HomeGeneral NewsMusk raises $5 billion for xAI amid political shift

Musk raises $5 billion for xAI amid political shift

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Elon Musk seeks $5 billion for xAI Corp. after shifting focus from politics to ramping up AI investments.

In Short:
Elon Musk is raising $5 billion in debt for his AI startup, xAI Corp, to expand infrastructure, particularly a major data centre in Memphis. This funding move follows his exit from…

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