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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 Secures $6 Billion in Second Fundraising Round of 2024
AI, has made waves in the tech world with its second major fundraising round of 2024, securing an additional $6 billion.
Elon Musk's xAI plans expansion of AI supercomputer 'Colossus'
Computing giant Nvidia will also establish operations in the US city of Memphis to support Musk’s AI ambitions. View on euronews
Musk's xAI raises around $6 bln in equity financing
Elon Musk's artificial intelligence startup xAI said on Thursday it has raised around $6 billion in equity financing as it races to compete with other AI firms.
Trump Plans to Appoint Musk Confidant David Sacks
Trump names venture capitalist and Elon Musk associate to be 'AI, crypto czar'
President-elect Donald Trump named venture capitalist and Elon Musk associate David Sacks to oversee artificial intelligence and cryptocurrency policy in his incoming administration.
Opinion
Trump Gives Elon Musk a Huge Gift With Latest Appointment
In a post on Truth Social, Donald Trump announced the appointment of Paypal COO David Sacks to a new position with an influential-sounding title: “White House A.I. & Crypto Czar.”
Trump Plans to Appoint Musk Confidant David Sacks as AI, Crypto Czar
David Sacks, a longtime venture capitalist who worked with Musk at PayPal more than two decades ago, will serve as the “White House A.I. & Crypto Czar,” Trump said on his soci
21h
Musk’s xAI Wraps Up $6 Billion in Funding in Latest Round
Elon Musk’s xAI has raised $6 billion in new capital, according to a regulatory filing, wrapping up a funding round that has ...
2d
on MSN
OpenAI CEO 'not that worried' about Elon Musk's influence in Trump administration
NEW YORK -- OpenAI CEO Sam Altman, who is in a legal dispute with rival Elon Musk, said said he is “not that worried” about ...
3d
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 ...
1d
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
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.
Hosted on MSN
8h
Trump Names Venture Capitalist And Elon Musk Associate As AI, Crypto Czar
President-elect Trump named Silicon Valley venture capitalist David Sachs, an associate of Elon Musk, as his AI czar. He'll lead crypto too.
2d
Last Year’s DealBook Summit Was Headlined by a Memorable Elon Musk Discussion
Mr. Musk caught even Andrew Ross Sorkin off guard, as the Tesla and SpaceX leader accused advertisers that had pulled their ...
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