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Friday, March 20, 2026

Elon Musk’s xAI Startup Is Valued at $50 Billion in New Funding Round

Elon Musk’s artificial-intelligence startup, xAI, has told investors it raised $5 billion in a funding round valuing it at $50 billion—more than twice what it was valued at several months ago. Qatar’s sovereign-wealth fund, Qatar Investment Authority, and investment firms Valor Equity Partners, …

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