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Saudi Arabia’s Humain Invests $3 Billion Into Elon Musk’s XAI

Saudi-backed artificial intelligence company Humain has invested $3 billion into Elon Musk’s AI startup xAI, according to a statement on Wednesday.Humain became a “significant minority shareholder” with the investment, which took place just prior to xAI’s acquisition by Musk’s space exploration company SpaceX, the company said in the statement. Its holdings will convert into SpaceX shares....

Read more at bloomberg.com

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