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...
Elon Musk's xAI raises $6B to bolster battle against OpenAI
Dec 24, 2024 · Elon Musk’s xAI, his artificial intelligence startup, has raised an additional $6 billion, the company announced. ZUMAPRESS.com. The need for a “bigger compute” is likely an indication that ...
Elon Musk’s xAI Raises $6 Billion in New Funding
Dec 24, 2024 · The artificial intelligence company founded by Elon Musk, xAI, said on Monday that it had raised $6 billion, giving the start-up a major lift as it competes with rivals, including OpenAI.
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 lands $6B in new cash to fuel AI ambitions
Dec 25, 2024 · xAI, Elon Musk’s AI company, has raised $6 billion in a Series C financing round. The company announced this week that Andreessen Horowitz , Blackrock, Fidelity, Lightspeed, MGX, Morgan Stanley,...
Elon Musk's xAI raises $6 billion in fresh funding: 'We are gonna …
Dec 24, 2024 · Musk's artificial intelligence company said the participants included a16z, Sequoia Capital, Morgan Stanley, BlackRock, Fidelity, Saudi Arabia's Kingdom Holdings, Oman and Qatar's sovereign wealth ...
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...
xAI’s next-gen AI model didn’t arrive on time, adding to a trend
1 day ago · Grok, xAI’s answer to models like OpenAI’s GPT-4o and Google’s Gemini, can analyze images and respond to questions, and powers a number of features on X, Musk’s social network.
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 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.