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Nvidia-backed xAI raises US$20 billion in Series E to scale AI infrastructure and Grok models

Jingyue Hsiao, DIGITIMES Asia, Taipei 0

Credit: AFP

xAI, Elon Musk's artificial intelligence company, has raised US$20 billion in an upsized Series E funding round, surpassing its original US$15 billion target, with Nvidia joining as a strategic investor to support the expansion of large-scale AI computing...

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