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Announced

Completed

Public Investment Fund completed the investment in XAI.

Synopsis

Public Investment Fund, the Sovereign wealth fund of Saudi Arabia, completed the investment in XAI, Elon Musk’s artificial intelligence company. Financial terms were not disclosed.

Principals

Xai Corp

target

Xai Corp

Public Investment Fund (pif)

bidder

Public Investment Fund (pif)

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MergerLinks - Public Investment Fund completed the investment in XAI.