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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
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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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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.
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 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.
Musk's xAI raises around $6 billion 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. The funding comes at a time xAI is looking to increase its footprint in the artificial intelligence industry by expanding its Memphis,
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
Musk and Vice President-elect JD Vance chimed in with congratulatory messages on X. Sacks was one of the first vocal supporters of Trump in Silicon Valley, a region that typically
Meta to Build $10 Billion AI Data Center in Louisiana
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.
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, the company said Wednesday, bringing hopes that the $10 billion facility will transform an economically neglected corner of the state.
Elon Musk expands AI project to Memphis while Meta plans $10 billion La. AI data center
The largest artificial intelligence data center ever built by Facebook's parent company Meta is coming to northeast Louisiana, the company said Wednesday.
18h
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
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 ...
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
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.
2h
on MSN
Elon Musk funded a super PAC comparing Trump's position on abortion to Ruth Bader Ginsburg's
Elon Musk was the sole funder of a super PAC that focused on advertising likening Donald Trump’s stance on abortion to that ...
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 ...
Hosted on MSN
4d
The Chilling Concern Elon Musk Had About Google's Deepmind AI
With the growing prevalence of AI, there are more worries about what the future may look like. As it turns out, Elon Musk has ...
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