TechCrunch Minute: Elon Musk’s big plans for xAI include raising $6 billion

TechCrunch
By Anthony HaApr 29, 2024, 12:00 pm178 pts
TechCrunch recently broke the news that Elon Musk’s xAI is raising $6 billion at a pre-money valuation of $18 billion. The deal hasn’t closed yet, so the numbers could change. But it sounds like Musk is making an ambitious pitch to investors about his 10-month-old startup — a rival to OpenAI, which he…

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