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AI News from ET - Elon Musk’s XAI Holdings is in discussions to raise $20 billion

Vishwadeep Khatri
in AI News & Two Lenses

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Announced in March, XAI Holdings was created from the combination of X, formerly Twitter, and Musk’s AI venture, xAI. The new funding could be used to pay down some of the debt that Musk took on when he converted Twitter into a private company, later renaming it X, sources said.

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