Crypto News LIVE Updates: Amid growing optimism about the business prospects of artificial intelligence companies, Elon Musk’s xAI has raised $500 million in funding from investors, inching closer to its ambitious $1 billion funding goal. xAI is reportedly in talks regarding a $15-20 billion valuation. Speaking of artificial intelligence companies, Microsoft-backed OpenAI is vying to secure The post Crypto News LIVE Updates: Bitcoin Bounces Back; Elon Musk’s xAI Marches Towards $1 Billion Funding Goal appeared first on CoinGape .