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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 $6bn in fresh capital funding
"Elon Musk’s xAI secures $6bn in fresh capital funding" was originally created and published by Verdict, a GlobalData owned brand.
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.
Trump Names Venture Capitalist And Elon Musk Associate
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.
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, giving the venture capitalist and vocal Republican donor influence over his administration’s policies.
Trump names former PayPal exec David Sacks as his White House AI and cryptocurrency 'czar'
Once a vocal Trump critic, David Sacks is set to join the next White House to work on topics at the forefront of tech and global economy policy debates.
20h
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 ...
17h
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 ...
1d
on MSN
OpenAI CEO 'not that worried' about Elon Musk's influence in Trump administration
OpenAI CEO Sam Altman, who is locked in a legal dispute with rival Elon Musk, said said he is “not that worried” about Musk’s ...
1d
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 ...
2d
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
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.
1d
on MSN
Elon Musk’s budget-cutter-in-chief role for Trump is a ‘dangerous combination’ that risks creating conflicts of interest with his AI empire
Elon Musk's future role advising President Trump on budget cuts through the new DOGE agency is raising alarm bells.
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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