Cash Continues to Flow into AI with Less Cash Flowing Out

Apr 26, 2024 Headline Post, INTEL by Nicholas Alan Clayton

AI has quietly been creeping to the top of the buzziest sectors for SPAC deals, but it’s become host to an even larger arms race in the private funding market. Elon Musk is currently pushing a $6 billion capital raise for his OpenAI competitor xAI at a valuation of $18 billion, according to TechCrunch, while
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Cash Continues to Flow into AI with Less Cash Flowing Out

Cash Continues to Flow into AI with Less Cash Flowing Out

ByNicholas Alan Clayton