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Elon Musk’s xAI raises $6B in equity financing
Elon Musk’s xAI raises $6B in equity financing as AI race heats up
Elon Musk’s artificial intelligence startup xAI has raised another $6 billion from investors as it ramps up competition with Sam Altman-led OpenAI, according to a regulatory filing.
Elon Musk’s xAI raises $6B to scale up GPU infrastructure
The new funding raised by xAI comes after industry leader OpenAI raised $6.6 billion on a $157 billion valuation on Oct. 2, while another large player in AI, Anthropic PBC, was reportedly in talks to raise new funding at a $40 billion valuation in September.
Elon Musk’s xAI Snags $6 Billion Windfall, Powering Ambitious Memphis AI Center
Elon Musks xAI has obtained $6 billion from 97 backers, boosting its valuation and spurring the development of a high-profile Memphis supercomputer. The filing, released Thursday, discloses no investor names but sets
1d
on MSN
Elon Musk's xAI rolls out 'Aurora' artificial intelligence image generator
Elon Musk's xAI artificial intelligence company on Saturday rolled out a free beta version of its Aurora image generator, ...
8h
Elon Musk Asks 'Was It Ever Not A Lie' As OpenAI Plans To Drop AGI Clause In Microsoft Deal
Elon Musk has accused OpenAI of betraying its founding mission and criticized discussions to potentially remove restrictions ...
1d
on MSN
How Elon Musk could use his new influence to nail his rivals
Elon Musk has long been known for his competitive spirit — and for his list of rivals. He challenged Meta’s Mark Zuckerberg ...
13d
On Facebook, Elon Musk is an invention superhero. But many of these posts are made up
Facebook users post AI-generated images that make fake devices seem real, and they make it seem as if Elon Musk was behind ...
2d
Trump's AI and crypto czar will be David Sacks, a venture capitalist and Elon Musk ally
President-elect Donald Trump has named David Sacks as the White House’s artificial intelligence and cryptocurrency czar, ...
4d
on MSN
OpenAI’s Sam Altman Warns Of Rapid Disruption From “Superintelligence”, Talks Elon Musk, New Models For Content Creators
OpenAI’s Sam Altman warned of rapid disruption from "superintelligence”, talks Elon Musk and new models for content creators ...
5d
on MSN
Elon Musk could still pocket tens of billions more dollars. But he might have to wait a bit
Elon Musk isn’t getting the $101 billion windfall he so desperately wanted. But he’s still among the richest people on the ...
4d
on MSN
Meta to build $10 billion AI data center in Louisiana as Elon Musk expands his Tennessee AI facility
Meanwhile, Elon Musk’s AI startup, xAI, is expanding its existing supercomputer project in Memphis, Tennessee.
4d
Meta to build $10 billion AI data center in Louisiana, Elon Musk’s xAI to expand Memphis facility
The largest artificial intelligence data center ever built by Facebook’s parent company Meta is coming to northeast Louisiana ...
1d
Elon Musk Makes Grok AI Free For All Twitter Users; Here’s How To Make The Most Of It
Using the ChatGPT rival is easy breezy. Goes without saying one must be logged in to X/Twitter to begin with. Users can click ...
4d
on MSN
OpenAI’s Sam Altman ‘not that worried’ about rival Elon Musk’s influence in the Trump administration
OpenAI CEO Sam Altman is locked in a legal dispute with rival Elon Musk. But he says he is not that worried about Musk’s ...
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