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IBM Pledges $150B US Investment, Apple Shakes Up AI Unit

Bloomberg Tech

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Navigating AI Investments Amid Market Volatility

This chapter explores Elon Musk's XAI seeking to raise $20 billion, showcasing the potential valuation it could achieve and the larger venture capital landscape. It features insights from seasoned founders and venture firm representatives emphasizing the importance of long-term strategies in an uncertain market, especially in the AI and healthcare sectors. The discussion also touches on recent movements in the food delivery industry, highlighting evolving investment motivations and implications of corporate mergers.

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