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.
AI finished raising $6 billion in new funding and has begun receiving Nvidia GB200 chips. The chips are arriving about a ...
The AI firm has dedicated at least $12 billion this year into its Grok AI model and its “Colossus” supercomputer located in ...
Nvidia and AMD’s participation in xAI’s funding round means they are directly financing a rival to their major customers.
Elon Musk’s artificial intelligence venture, xAI, is taking its chatbot Grok beyond X’s platform with the beta testing of ...
Elon Musk's AI company, xAI, is testing out a standalone iOS app for its chatbot, Grok, which was available only to X users ...
Cryptopolitan on MSN1d
xAI secures an additional $6 billion from a16z, Nvidia, QIA, and othersIn a series C investment round, Elon Musk’s artificial intelligence venture xAI raised $6 billion. This adds to the $6 ...
Elon Musk's AI venture, xAI, has achieved a significant milestone with the successful completion of a $6 billion Series C ...
The Kingdom Holding Company (KHC), a Saudi conglomerate holding company based in Riyadh, announced the acquisition of $400 ...
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