Elon Musk’s xAI raises $6B in equity financing as AI race heats up
Dec 6, 2024 · Elon Musk’s artificial intelligence startup xAI has raised another $6 billion from investors as it ramps up competition with Sam Altman-led OpenAI, according to a regulatory filing.
Elon Musk's xAI raises $6 billion to build even more powerful AI ...
Dec 25, 2024 · Elon Musk's xAI has raised $6 billion in its latest funding round, pushing its total capital raised to $12 billion at a valuation of $50 billion, reports TechCrunch. The round, which involved 97...
What We Know About XAI As It Bolsters Itself For AI Race ... - Forbes
Dec 6, 2024 · Elon Musk’s artificial intelligence startup xAI disclosed Thursday it raised $6 billion in equity financing—the company’s latest step forward as it raises funding and expands its rapidly...
Elon Musk’s xAI Raises $6 Billion In Series C Funding Round - Forbes
Dec 23, 2024 · Pequeño is a breaking news reporter who covers tech and more. Following. Dec 23, 2024, 06:53pm EST. ... xAI has spent 2024 building its AI language models and the supercomputer used to train them ...
Elon Musk's xAI says it raised $6 billion to develop artificial ...
May 27, 2024 · The new funding should help Musk's company compete against Microsoft and OpenAI, creator of ChatGPT, in the race to develop artificial intelligence.
Elon Musk's xAI reportedly shifts $6 billion AI server order from ...
Nov 18, 2024 · xAI, Elon Musk’s AI startup, has shifted all AI server orders from troubled Supermicro to Dell, reports UDN.com. Dell, already among the largest makers of servers, reportedly benefits from this...
Elon Musk’s xAI Finally Releases First Product - Forbes
Nov 3, 2023 · Elon Musk’s long-teased artificial intelligence company will release its first product on Saturday, the billionaire announced on Friday, while offering few details on what the model will do—as...
In Just 16 Months, Elon Musk Achieved With xAI What Took …
Elon Musk's artificial intelligence company, xAI, reportedly reached a valuation of $50 billion just 16 months after its founding in July 2023.
The Big Number: $6 Billion - The New York Times
May 31, 2024 · Elon Musk’s artificial intelligence company, xAI, announced last Sunday that it had raised $6 billion, positioning it to compete with the likes of OpenAI and Anthropic, which have secured...
Elon Musk's xAI supercomputer in Memphis: The latest on the …
Jan 8, 2025 · The generative artificial intelligence can assist users with web searches, citations and image renderings. The Memphis xAI facility is expected to act as a data hub for Musk-owned companies ...