💨 Abstract

Elon Musk's AI startup xAI has secured $6 billion in funding, making it one of the world's most valuable AI startups with an estimated $50 billion valuation. The firm, known for its Grok chatbot, received support from US venture capitalists, chipmakers NVIDIA and AMD, and investment funds from Saudi Arabia and Qatar.

Courtesy: www.thesouthafrican.com

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