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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.
54m
on MSN
Musk and Ramaswamy are sparking a debate over the H-1B visa. Here's what to know about the visa.
Elon Musk and Vivek Ramaswamy are calling for the U.S. to admit more foreign tech workers. Not all Republicans agree with ...
2h
on MSN
A MAGA ‘Civil War’ on X between Musk and the far right over H-1B visas
The online rift over the H-1B skilled worker visa program signifies a potential wedge between Trump’s core base and his new ...
Hosted on MSN
25m
MAGA civil war erupts between Musk, critics over H-1B visas
A Trump World civil war has erupted over visas for highly skilled workers, with the president-elect’s new tech industry ...
3d
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.
13d
on MSN
OpenAI hits back at Elon Musk lawsuit, says he suggested for-profit entity
OpenAI responded to Elon Musk's lawsuit against the AI startup, arguing the billionaire suggested the company should have a ...
The Hill on MSN
1d
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 ...
6d
Elon Musk's unforgettable year in 7 charts
These charts tell the story of Elon Musk's 2024 by tracking Tesla, SpaceX, xAI, Neuralink, X, election spending, and net ...
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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