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Elon Musk’s xAI receives another $6B in funding
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,
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 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.
Meet the power players at Elon Musk's xAI, the startup taking on OpenAI with its Grok chatbot
Meet the key figures at Elon Musk's xAI, the $50 billion startup behind the chatbot Grok that's taking on ChatGPT.
Elon Musk’s xAI lands $6 billion funding breakthrough
The development of Aurora, xAI’s image generation system, enters a rapidly growing market for AI-generated content, which is projected to reach $110 billion by 2030. Early demonstrations of Aurora have shown promising results in creating highly detailed and contextually accurate images.
BlackRock, a16z back Elon Musk's xAI in $6B funding round
Elon Musk's xAI secures $6B in a Series C with BlackRock, a16z; focuses on AI infrastructure expansion, including Colossus upgrades.
Elon Musk's xAI raises $6B Series C funding to catch up with OpenAI and others
Elon Musk's AI startup, xAI, has successfully raised another $6 billion in Series C funding. This funding will be used to enhance their computing infrastructure and more.
Elon Musk’s xAI Raises $6 Billion
Elon Musk’s AI company, xAI, has secured another $6 billion in funding, bringing its total raised to $12 billion in just half a year. The latest investment round, confirmed in a U.S. Securities and Exchange Commission filing,
1d
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 ...
23h
on MSN
AMD and Nvidia Back Musk’s xAI. What It Means for Microsoft, Google and Amazon.
Nvidia and AMD’s participation in xAI’s funding round means they are directly financing a rival to their major customers.
The New York Times
1d
Elon Musk’s xAI Raises $6 Billion in New Funding
By Kate Conger The artificial intelligence company founded by Elon Musk,
xAI
, said on Monday that it had raised $6 billion, ...
Al Bawaba News
5h
Saudi KHC acquires $400M in xAI
The Kingdom Holding Company (KHC), a Saudi conglomerate holding company based in Riyadh, announced the acquisition of $400 ...
1d
on MSN
xAI is testing a standalone iOS app for its Grok chatbot
Elon Musk's AI company, xAI, is testing out a standalone iOS app for its chatbot, Grok, which was available only to X users ...
Digital information world
1d
xAI Raises $6 Billion as Grok Expands Capabilities on X Platform
Elon Musk is ending 2025 on a high as his xAI company’s latest filing shows it raised $6 billion in investments. As per the ...
1d
on MSN
Elon Musk’s xAI supercomputer gets 150MW power boost despite concerns over grid impact and local power stability
AI gains 150MW power approval for its supercomputer, but locals fear impact on grid and future power availability.
NextBigFuture
4d
Google Versus xAI AI Compute Scaling
Google Gemini 2 AI model (just released) were trained with over 100,000 Trillium chips have been deployed in a single network ...
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