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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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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.
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 been in the works for months and was said to value the artificial intelligence startup at more than $40 billion.
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.
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,
Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions
The new cash brings xAI’s total raised to $12 billion, adding to the $6 billion tranche xAI raised this spring. CNBC reported in November that xAI was aiming for a $50 billion valuation — double its valuation as of six months ago.
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.
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
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.
Elon Musk, OpenAI and Sam Altman
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 influence in the incoming Trump administration
OpenAI CEO Sam Altman Says Elon Musk Won’t Abuse New Friendship With Trump
AI leader Altman said today that he thinks ‘Elon will do the right thing’ when it comes to the Trump connection
Sam Altman seems to be trying to make peace with Elon Musk
OpenAI CEO Sam Altman seemed to extend an olive branch to Tesla chief Elon Musk despite them being embroiled in one of tech's biggest feuds.
Meta to build $10B AI data center in Louisiana
Meta to build $10 billion AI data center in Louisiana as Elon Musk expands his Tennessee AI facility
Facebook’s parent company Meta says it will build a $10 billion artificial intelligence data center in northeast Louisiana
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.
Meta to invest $10 billion in Louisiana AI data center
Meta Platforms Inc. said Wednesday it plans to build a $10 billion artificial intelligence data center campus in northeast Louisiana, making it the largest data center built by the company to date. The 4 million-square-foot campus,
4d
on MSN
Elon Musk seeks injunction to block OpenAI’s plans to become for-profit ‘Frankenstein’: filing
Elon Musk has asked a federal judge to block Sam Altman’s OpenAI from completing plans to become a for-profit entity – ...
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 ...
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 ...
Digi Times
4d
Elon Musk lands priority for Nvidia GB200 delivery in January with US$1.08 billion
Elon Musk's artificial intelligence company xAI has made headlines with its urgent push for advanced AI hardware. Industry ...
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 ...
2d
on MSN
Facebook founder Mark Zuckerberg wants to go the 'Elon Musk way' in Donald Trump government
Mark Zuckerberg, Meta CEO, aims to influence technology policy in a potential Trump administration, with a focus on ...
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