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Elon Musk’s xAI receives another $6B in funding
Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions
Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million a year. For comparison, Anthropic is reportedly on pace to generate $1 billion in revenue this year, and OpenAI is targeting $4 billion by the end of 2024.
Elon Musk's xAI raises $6 billion in fresh funding: 'We are gonna need a bigger compute!'
Elon Musk's xAI, the startup behind the Grok chatbot and Colossus supercomputer, raised $6 billion in a Series C funding round.
Elon Musk’s xAI Raises $6 Billion in New Funding
A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia participated.
2d
on MSN
XAI Valuation Reaches Over $40 Billion After $6 Billion Funding Round
The AI firm has dedicated at least $12 billion this year into its Grok AI model and its “Colossus” supercomputer located in ...
EconoTimes
17h
Elon Musk’s xAI Scores $6 Billion with NVIDIA and AMD Driving AI Model and Supercomputer Growth
Elon Musks xAI has closed a $6 billion funding round powered by NVIDIA and AMD investments. The funding will scale AI ...
2d
on MSN
Elon Musk’s xAI supercomputer gets 150MW power boost despite concerns over grid impact and local power stability
The xAI supercomputer, nicknamed the “Gigafactory of Compute,” is designed to support Musk’s artificial intelligence company.
2d
The Men and Women Swirling Around Elon Musk
A look at the people who influence the world’s richest man, and those who stand to gain from their association with him now.
The New Republic on MSN
1h
Elon Musk’s Biggest Fans Turn Against Him Over Immigration
Billionaire immigrant Elon Musk and his supporters are beefing over how to grow Silicon Valley. “There is a permanent shortage of excellent engineering talent. It is the fundamental limiting factor in ...
Cryptopolitan on MSN
1d
Elon Musk’s D.O.G.E could crash the US economy
Elon Musk, the billionaire CEO of Tesla, is co-leading the newly formed Department of Government Efficiency (D.O.G.E) with ...
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