ReferIndia News Elon Musk’s xAI raises $20 billion to expand data centers and research

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Elon Musk’s xAI raises $20 billion to expand data centers and research

Published on: Jan. 7, 2026, 7:50 a.m. | Source: The Indian Express

Elon Musk’s artificial intelligence startup xAI has raised $20 billion from investors, a funding round that could value the company above $230 billion and deepen the intensifying race to build the world’s most powerful AI systems.

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