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xAI in Talks with Valor Equity for $12 B to Secure Nvidia GPUs for Grok Data Center

Elon Musk’s AI start-up xAI is working with Valor Equity Partners to secure up to $12 billion in financing for its rapid ...

DeepSeek makes it easier for Southeast Asia’s firms to get into AI, but venture investors are still adopting a wait-and-see attitude

Granite Asia’s Jixun Foo wants to see “the confluence of talent and market adoption” before he starts investing in Southeast Asian AI.