xAI's Fundraising Deal, Musk's Investment Rejection
Update: 2025-11-19
Description
Elon Musks xAI, valued at $230 billion, nears $15 billion fundraising deal, surpassing OpenAIs $500 billion valuation. Despite concerns of overvalued tech companies, Tesla investors reject Musks proposal to invest in xAI. Grok chatbot faces criticism for inaccuracies and hate speech, while Grokipedia competes with Wikipedia.
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