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Elon Musk’s xAI secures $20B boost as Nvidia, Apollo, and Valor back data centre expansion

Elon Musk’s artificial intelligence company xAI is scaling up its ambitions with a massive $20 billion funding round, backed by Nvidia, Apollo Global Management,...

16 hours ago

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SoftBank to acquire ABB’s robotics unit for $5.4B in AI push

SoftBank Group said on Monday it would acquire the robotics division of Swiss engineering firm ABB for $5.4 billion, marking one of its most...

16 hours ago
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