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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 New Funding
A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia participated.
Elon Musk’s xAI raises $6B to bolster battle against OpenAI: ‘Gonna need a bigger compute!’
Elon Musk’s artificial intelligence startup xAI revealed that it raised $6 billion in its latest funding round as the startup continues to ramp up in its battle against bitter rival OpenAI.
Lowyat.net
1d
Elon Musk’s xAI Raises US$6 Billion In Funding From NVIDIA, AMD
AI reported that it had successfully raised US$6 billion (~RM26.88 billion) in funding during a recent Series C funding ...
2d
on MSN
Elon Musk just got the best Christmas gift he could ask for
Elon Musk has a lot going on as 2024 winds to a close. The CEO of both Tesla (TSLA) and SpaceX is finishing a busy year that ...
4d
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.
5d
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 ...
Daily Jang
5d
Elon Musk under fire: OpenAI CEO slams Tesla owner for initiating 'fights'
OpenAI CEO Sam Altman slams tech giant Elon Musk for getting into “fights” and calls him a “bully.”According to The Hindu, ...
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