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CoinVoice has learned that, according to Bloomberg, Elon Musk's XAI Holdings is in talks with investors to raise about $20 billion for its newly merged artificial intelligence and social media business.
Insiders revealed that if the transaction is completed, the company's valuation will exceed $120 billion, making it the second-largest funding round for a startup in history, second only to OpenAI's $40 billion funding earlier this year.