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AI News from ET - Elon Musk's xAI raises $20 billion in Nvidia-backed funding round

Vishwadeep Khatri
in AI News & Two Lenses

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Elon Musk’s AI startup, xAI, said on Tuesday that it has raised $20 billion in fresh funding from participants including Nvidia, exceeding its original $15 billion target. Announcing the funding round, xAI touted significant progress in 2025, including the deployment of what it claims are the world's largest AI supercomputers.

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