KHC invests SAR 1.5 bn in Elon Musk's xAI in series C round
The investment adds to KHC’s strategic stakes in Musk-led companies
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The investment adds to KHC’s strategic stakes in Musk-led companies
The capital injection will help xAI launch its first AI-powered products
Prince Alwaleed is one of a handful investors in the AI company’s series B
KHC said the “transaction supports the company’s strategic plans,” but did not elaborate.
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