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xAI Reportedly Raises Additional US$5B in Funding
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Elon Musk's AI startup xAI completed an additional funding round, raising US$5 billion. according to a report by CNBC on Thursday.

This brings the total amount of the company's Series E funding to US$15 billion, with most of the funds allocated to support the GPUs for LLMs.

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The company's valuation whopped US$200 billion following the latest funding round.
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