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Elon Musk’s xAI raises $6B to bolster battle against OpenAI
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.
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 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.
7h
5 AI Productivity Tools To Try In 2025
Looking for your next personal assistant? Here are five of the best AI tools to boost your productivity at work, create ...
3h
AI, the electricians and the boom towns of Central Washington
The rural area is changing fast as electricians from around the country plug the tech industry’s new, giant data centers into ...
12h
Nvidia vs. Broadcom: Which is the better AI chip stock to own in 2025?
Both stocks have had strong runs in 2024. Let's consider which semiconductor looks like the better buy heading into 2025.
9h
AI Agents Will Shape Every Aspect Of Education In 2025
AI Agents will dominate discussions of AI in education. More than just a tool, AI agents, using rich video interfaces, will ...
10h
on MSN
What to expect from AI in 2025, according to industry leaders
Here's what AI industry leaders says we can expect from the tech next year.
1d
What Happened in AI in 2024, And What Will the New Year Bring?
Perhaps more than any other technology, AI has dominated the headlines this year. For reasons good, bad, fascinating, and ...
9h
on MSN
2 AI Stocks to Sell Before 2025 (Hint: Nvidia's Not One)
Some stocks could soon face a reality check. Shares in Palantir and Arm Holdings look too expensive compared to company ...
2h
on MSN
AI is a game changer for students with disabilities. Schools are still learning to harness it
Artificial intelligence holds the promise of helping countless other students with a range of visual, speech, language and ...
12h
It’s Time to Move Past AI Nationalism
In 2025, there will be a course correction in AI and geopolitics, as world leaders increasingly understand that their ...
4h
on MSN
Self-learning AI shares NFL against the spread, over-under, money-line picks for every Week 17, 2024 game
SportsLine AI evaluated the Week 17 NFL odds and revealed its NFL predictions, NFL score predictions, and NFL betting picks ...
2h
on MSN
4 AI Trends to Watch in Wealth Management in 2025
Advisory firms big and small will go all-out on artificial intelligence as they realize the risks of sitting on the sidelines ...
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