UAE fund MGX has been in talks to invest in Musk's xAI, which is valued at about $45 billion
By:Cointime
According to a report by The Information, UAE fund MGX has been in talks to invest in Elon Musk's xAI. xAI, the manufacturer of chatbot Grok, has been seeking funding of $5 billion with an estimated valuation of around $45 billion.
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