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Elon Musk’s X.AI wins $6 billion in private funding as the latest unicorn to avoid an IPO
X.Ai, a competitor to ChatGPT parent OpenAI, disclosed a large round of funding without the need to become a public company.
Elon Musk’s xAI Snags $6 Billion Windfall, Powering Ambitious Memphis AI Center
Elon Musks xAI has obtained $6 billion from 97 backers, boosting its valuation and spurring the development of a high-profile Memphis supercomputer. The filing, released Thursday, discloses no investor names but sets
Elon Musk Says xAI Will Start an AI Game Studio ‘To Make Games Great Again’
Musk's mention of xAI also highlights recent reports that suggest that the billionaire has big ambitions with his AI firm and wants to grow its scope to generate more revenue. The company is reportedly planning to launch a standalone AI app, similar to ChatGPT, as soon as the next month.
Elon Musk’s xAI lands billions in new cash to fuel AI ambitions
AI, Elon Musk’s AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Investors gave a minimum of $77,593, per the filing. 97 participated,
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. XAI – which created that snarky “Grok” chatbot available on Musk’s social media site X – raised the funds from a total of 97 investors,
Elon Musk’s xAI raises $6B to scale up GPU infrastructure
Reports that xAI was seeking to raise additional funding emerged in October, with reports suggesting that the company was seeking to raise “several billion dollars” on a $40 billion valuation. The company had previously raised $6 billion on a $24 billion valuation in May.
Opinion
1d
on MSN
Opinion
OpenAI’s nightmare: What David Sacks as AI Czar (and Elon Musk as wingman) could mean for Sam Altman’s $157 billion startup
With David Sacks as AI Czar and Elon Musk in Trump’s inner circle, OpenAI may face challenges from two of its biggest critics ...
2d
Trump Names Elon Musk’s Pal as ‘AI and Crypto Czar’
President-elect Trump has announced that David Sacks will serve as his “White House A.I. & Crypto Czar,” according to a post ...
3d
on MSN
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 ...
9h
World's richest man Elon Musk’s Grok AI now FREE for all users, targets ChatGPT, Google Gemini
Elon Musk’s Grok AI chatbot is now free for all users, offering limited features while aiming to rival ChatGPT and Gemini ...
TweakTown
3d
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
Elon Musk Makes Grok AI Chatbot Free For Everyone
Free users on x.com can now chat with the Grok AI chatbot without any subscription. Keep in mind that you can send 10 ...
11d
on MSN
Elon Musk’s AI company may release a consumer app
Elon Musk's AI company, xAI, is reportedly preparing to release a stand-alone consumer app. That's according to The Wall ...
fandomwire
11d
Making American Games Great Again: Elon Musk’s AI Game Studio is a Horrible Idea Because It Represents Everything True Gamers Loathe
Elon Musk announces plans for an AI-powered game studio, but the gaming community has some thoughts about that.
2d
on MSN
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 ...
16h
Musk’s Grok AI introduces Aurora, a photo-realistic image generator with minimal restrictions
Aurora’s availability varies based on user tiers: free X users are limited to three image generations daily, while X Premium ...
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