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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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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 $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.
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
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
Trump picks David Sacks as the White House's AI and crypto czar
Trump appointed David Sacks as White House artificial intelligence and crypto czar. Sacks, a former PayPal COO, co-founded Craft Ventures and invested in major tech firms. He's closely linked to Elon Musk,
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 ...
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 ...
10d
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.
TweakTown
3d
Elon Musk launches new attack at OpenAI to prevent its much-wanted evolution
Elon Musk found an opportunity to prevent OpenAI from becoming a for-profit company after the SpaceX founder filed a new ...
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 ...
2d
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.
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