Elon Musk’s New Venture: X AI Raises $1 Billion in Funding

Elon Musk, who wreaked havoc on the cryptocurrency markets in mid-2021, will stay away from crypto in the next bull season. While this may not be seen as good news for most investors, those who remember what Musk did before the China bans in mid-2021 still shudder. The mischievous billionaire had said he would now focus on artificial intelligence instead of crypto, and that’s exactly what he’s doing.