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.
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 $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 receives another $6B in funding as Grok app looms
Elon Musk's AI company, xAI, raised another $6 billion in funding, TechCrunch reported via the U.S. Securities and Exchange Commission. The filing reports that each investor, of nearly 100, had to give a minimum of $77,
Musk's AI Startup Raises Further $6 Bn
Billionaire tech mogul Elon Musk's startup xAI said it had raised $6 billion from investors in its latest funding round, as it battles stiff competition in the artificial intelligence market.
Elon Musk’s xAI lands $6B 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,
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San Francisco Examiner8d
Two SF artificial-intelligence startups raise big new funding rounds
Meanwhile, Bloomberg reported Wednesday that Perplexity AI closed a $500 million venture round earlier this month at a $9 billion valuation.
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Databricks Closes The Biggest Venture Round with $10 Billion Funding
The company is now valued at $62 billion and wishes to focus on AI product development and international expansion.
This ‘Immigrant Kid’ Turned Early GitLab Investor Now Has A $160 Million Debut Venture Fund
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Perplexity AI triples its valuation in about 6 months with latest $500 million funding round
Perplexity AI closed a $500M funding round, Bloomberg reported, tripling the startup's valuation within 6 months at $9 ...
Databricks Is Raising $10 Billion, in One of the Largest Venture Capital Deals
In a statement, Databricks said it had so far secured $8.6 billion of the $10 billion that it was raising. Ali Ghodsi, the ...
AI startup Databricks hits $62 billion valuation in record VC round
Databricks has secured a $62 billion valuation after raising a whopping $10 billion in one of the largest venture capital ...
Auburn's HuLoop Automation to expand after VC funding round led by SF's Mighty Capital
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Databricks reportedly closing on $9.5B mega funding round
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UChicago venture fund supports spinout Flow Medical in $5M seed round
Flow Medical, a UChicago Medicine-born startup developing a device to treat pulmonary embolisms, has received the first ...
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$132K – $149K, here’s what seed-stage founders pay early employees, based on data
Once a startup has raised its seed round, the perennial question becomes how much should the founders pay themselves and ...