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 AI startup xAI raises $6 billion in latest funding round
Elon Musk's AI startup xAI has raised $6 billion from investors, including US venture capitalists, NVIDIA, AMD, and investment funds from Saudi Arabia and Qatar. This funding will be used to develop products for billions of users and advance research.
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 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.
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 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 $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,
The New York Times1d
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 ...
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.
OpenAI's legal battle with Elon Musk reveals internal turmoil over avoiding AI 'dictatorship'
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OpenAI Fires Back at Elon Musk’s Lawsuit
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OpenAI responded to Elon Musk's lawsuit against the AI startup, arguing the billionaire suggested the company should have a ...
Did Elon Musk kill a bill blocking investments in China to help Tesla?
Democrats’ top appropriator in the House, Rep. Rosa DeLauro of Connecticut, has accused Tesla TSLA Chief Executive Elon Musk ...
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.