Meta Platforms, Inc. (META) Hires AI Expert Clara Shih: Wall Street Bullish on AI Monetization

By Yahoo! Finance | Nov 22, 2024 at 11:15 AM EST

Elon Musk's AI startup xAI raised $5 billion in funding, reaching a valuation of over $50 billion. Investors include Valor Equity Partners and Sequoia Capital. xAI developed Grok, a leading AI chatbot, and Colossus, a powerful supercomputer.

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