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Elon Musk’s xAI reportedly in talks to raise new funding on $40B valuation
- Elon Musk's xAI Corp. is reportedly in talks to raise additional funding on a $40 billion valuation.
- xAI is aiming to develop an advanced artificial general intelligence system.
- The company has released multiple language models, with the latest Grok-2 outperforming competitors.
- xAI previously raised $6 billion and is seeking more funding for additional processing power.
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