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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.
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.
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.
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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
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 ...
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.
1d
on MSN
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 ...
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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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