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Elon Musk’s xAI receives another $6B in funding
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 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.
UAE Moments on MSN
5h
OIA Pumps Undisclosed Investment In Elon Musk’s xAI
The sovereign wealth fund of the Sultanate of Oman, Oman Investment Authority (OIA), has invested in Elon Musk’s artificial ...
Hosted on MSN
2h
OpenAI Lays Out For-Profit Business Strategy Amid Microsoft Talks, Musk Feud
Artificial intelligence pioneer OpenAI laid out more details on plans to adopt a for-profit business structure in 2025.
57m
A MAGA ‘Civil War’ on X between Musk and the far right over H-1B visas
Musk clashed online with Trump supporters and far-right personalities over the need for a skilled-worker immigration program.
2d
Elon Musk Vs. Sam Altman: Inside The Feud Over OpenAI And ChatGPT
A story of control and competition unfolds, with the ongoing feud between OpenAI co-founders, Elon Musk and Sam Altman.
The Hill on MSN
22h
Musk, Ramaswamy defend Silicon Valley’s foreign-born hires
Elon
Musk
and Vivek Ramaswamy, co-chairs of President-elect ... resurfaced in recent days after he was appointed by Trump ...
13d
on MSN
OpenAI's legal battle with Elon Musk reveals internal turmoil over avoiding AI 'dictatorship'
A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and best avoid an artificial ...
The New York Times
2d
Artificial Intelligence
By Karen Weise and Jovelle Tamayo “A lot of compute is needed,” Mr.
Musk
said in a post about ... running out of the data used to train
artificial
intelligence
systems. Can new methods ...
3d
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.
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