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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.
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.
Elon Musk's xAI secures $6B to advance its AI ambitions
Shortly after its inception, xAI launched Grok, a top-of-the-line generative AI model. The model now powers a number of features on X, including a chatbot for X Premium subscribers and free users in select regions.
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 picks Musk ally David Sacks
Elon Musk Trolls Sam Altman After Trump Names David Sacks AI Czar
Elon Musk mocked rival Sam Altman after the OpenAI boss congratulated Donald Trump’s new “White House A.I. and Crypto Czar” David Sacks. The appointment of Elon Musk’s friend and fellow tech titan is the latest illustration of the Tesla founder’s influence in the president-elect’s new 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 picks Elon Musk associate Sacks to head AI, cryptocurrency agency
US President-elect Donald Trump said the right-wing venture capitalist David Sacks would become “the White House A.I. & Crypto Czar.” Trump made this
2h
on MSN
Elon Musk risks becoming a 'political puppet master' under Trump, says a key Zuckerberg ally
Meta's Nick Clegg said Elon Musk risks becoming a "political puppet master" in the Trump administration. Musk will jointly ...
1h
Altman Now Musk’s Fanboy, Meta Turns To James Cameron, Plus More Cinematic AI
At the New York Times' DealBook Summit, OpenAI CEO Sam Altman dismissed concerns Musk might use his political influence to ...
5h
Elon Musk Just Gave Nvidia Investors 1 Billion Reasons to Cheer
According to DigiTimes, Musk was involved in a deal between xAI and Nvidia -- reportedly personally contacting Nvidia Chief ...
TweakTown
16h
Elon Musk's xAI plans 10x expansion of Colossus AI cluster, with over 1 million AI GPUs
Elon Musk's xAI startup pledges to expand its Colossus AI supercomputer power by 10x where it will use more than 1 million AI ...
1d
Musk's xAI plans massive expansion of AI supercomputer in Memphis
Elon Musk's artificial intelligence startup xAI plans to expand its Memphis, Tennessee, supercomputer to house at least one ...
1d
on MSN
Elon Musk's xAI is expanding its Memphis supercomputer to house at least 1 million GPUs
AI's planned expansion aims to boost AI development and outpace rivals like OpenAI and Google.
21h
on MSN
Nvidia Stock Rises. What Musk, Meta’s Big Plans Mean for AI Chips.
Nvidia stock was rising on Thursday and new data-center plans from Elon Musk’s artificial-intelligence start-up and Meta ...
20h
Dell Deploys Tens of Thousands of Chips for AI at Musk’s Memphis Supercomputer
Dell Technologies Inc. has deployed tens of thousands of graphics processing units to power artificial intelligence work at ...
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