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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.
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 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,
Trump Names Elon Musk’s Pal
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.
Who is David Sacks? Elon Musk’s former PayPal ally turned AI & Crypto Czar in Trump’s administration
Donald Trump appointed David Sacks, former PayPal executive and venture capitalist, as the White House AI and Crypto Czar. Sacks, a member of the "PayPal Mafia," will guide policy on these key technologies.
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.
Musk spent big to get Trump elected
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.”
Musk spent big to get Trump elected, but *he* didn’t get Trump elected
The “RBG PAC” was an expensive troll but there’s no reason to think that it’s why Trump won — if it even had an effect.
Musk spent over a quarter of a billion dollars to help elect Trump
Elon Musk spent over a quarter of a billion dollars to help Donald Trump win November's presidential election, according to new filings, underscoring the influence one of the world's wealthiest people had on this year's White House race.
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,
19h
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.
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 ...
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