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AI News from ET - Tesla invests $2 billion in Musk's xAI and reiterates Cybercab production starts this year

Vishwadeep Khatri
in AI News & Two Lenses

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The news supported Musk's plan to pivot Tesla from an electric vehicle maker to an AI company, which is key to the company's roughly $1.5 trillion valuation, while reassurance of production plans is critical for investor confidence as Tesla has repeatedly fallen short of promises made by Musk.

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