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Elon Musk xAI Raises $20 Billion

The Kobeissi Letter
The Kobeissi Letter

BREAKING: Elon Musk's xAI announces it has raised $20 billion in a Series E round, exceeding expectations of $15 billion. Nvidia is listed as "strategic investor" to support "buildout of the largest GPU clusters in the world." We are still early.

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