Elon Musk's xAI Raises $6 Billion to Compete in AI Race
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Elon Musk's AI company, xAI, is raising $6 billion to invest in Nvidia chips, enhancing its AI infrastructure and capabilities, including its chatbot Grok. This funding will support xAI's competitive edge against established AI models like Chat GPT, Bard, and Claude, while also addressing privacy and security concerns.
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