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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
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startup xAI has raised another $6 billion from investors as it ramps up competition with Sam Altman-led OpenAI, according to a regulatory filing. XAI – which created that snarky “Grok” chatbot available on
Musk
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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 lands billions in new cash to fuel AI ambitions
AI, Elon Musk’s AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Investors gave a minimum of $77,593, per the filing. 97 participated,
Elon Musk Trolls Sam Altman
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.
Elon Musk Trolls Sam Altman After Trump Names David Sacks AI Czar
Elon Musk mocked rival Sam Altman after the OpenAI boss congratulated Donald Trump’s new “White House A.I. and Crypto Czar” David Sacks. The appointment of Elon Musk’s friend and fellow tech titan is the latest illustration of the Tesla founder’s influence in the president-elect’s new administration.
Trump’s AI & Crypto Czar Pick Of A Musk Associate Spurs Retail Frenzy For Bitcoin-Tied Stocks
President-elect Donald Trump has appointed Silicon Valley investor David Sacks, a close associate of Elon Musk, as the White House’s policy chief for artificial intelligence and cryptocurrency, sparking a surge in retail chatter about Bitcoin-linked stocks on Stocktwits.
1d
on MSN
Elon Musk Just Gave Nvidia Investors 1 Billion Reasons to Cheer
According to DigiTimes, Musk was involved in a deal between xAI and Nvidia -- reportedly personally contacting Nvidia Chief Executive Officer Jensen Huang and offering more than $1 billion for a ...
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 ...
2d
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 ...
11d
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
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.
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 ...
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 ...
2d
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 ...
2h
on MSN
Elon Musk’s xAI makes its ChatGPT rival Grok chatbot available to all X users for free
Elon Musk's xAI has made its Grok AI chatbot free for all X users. Previously limited to premium subscribers, Grok now allows ...
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