Day: January 7, 2026
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Elon Musk’s xAI Raises $20 Billion Despite Grok Controversy
Elon Musk’s artificial intelligence startup, xAI, has raised a staggering $20 billion in fresh capital as of early 2026, signaling a market that remains resolutely bullish on AI infrastructure—even amidst intensifying ethical scrutiny over Musk’s chatbot product Grok. This funding round, one of the largest in AI history, repositions xAI among the most capitalized generative…