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 in fresh funding: 'We are gonna …
Dec 24, 2024 · Elon Musk's xAI raised $6 billion in its Series C fundraising, the startup announced on Monday. The round's participants included Sequoia Capital, and Nvidia and AMD were strategic investors. The...
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 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 lands $6B in new cash to fuel AI ambitions
Updated December 25, 12:21 p.m. Pacific: Added details of xAI’s valuation and Kingdom Holdings’ contribution. xAI, Elon Musk’s AI company, has raised $6 billion in a Series C financing round.
Elon Musk’s Artificial Intelligence Startup xAI Will Merge ... - Forbes
Nov 6, 2023 · Elon Musk’s artificial intelligence startup xAI will be merged with his social platform and aspirant everything app X, the billionaire said on Sunday, a day after the company launched its...
Musk's XAI Raises Around $6 Billion in Equity Financing - U.S. News
Dec 5, 2024 · (Reuters) -Elon Musk's artificial intelligence startup xAI said on Thursday it has raised around $6 billion in equity financing as it races to compete with other AI firms.
Elon Musk's xAI Raises $6 Billion To Expand Artificial Intelligence ...
Dec 6, 2024 · Elon Musk's AI company called xAI has raised $6 billion, as it plans to expand its supercomputer to house at least one million graphics processing units (GPUs). According to a filing with the US...
In Just 16 Months, Elon Musk Achieved With xAI What Took …
Nov 28, 2024 · Elon Musk's artificial intelligence company, xAI, reportedly reached a valuation of $50 billion just 16 months after its founding in July 2023.
Musk’s xAI Raises $6 Billion in Bid to Challenge OpenAI (1)
May 27, 2024 · Elon Musk ’s artificial intelligence startup xAI has raised $6 billion to accelerate its challenge to his former allies at OpenAI. The Series B round, announced in a blog post on May 26, comes less than a year after xAI’s debut and marks one of the bigger investments in the nascent field of developing AI tools.