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xAI, Elon Musk and NVIDIA
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.
Elon Musk's xAI raises $6 billion from Nvidia, AMD, and others
In total, 97 investors were involved in this round of funding, with the minimum investment per participant pegged at $77,593. Investors were only allowed to participate
Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions
The filing also revealed that xAI is now valued at $45 billion, close to double its previous valuation. The new cash brings xAI’s total raised to $12 billion, adding to the $6 billion tranche xAI raised in May.
Elon Musk’s xAI Scores $6 Billion with NVIDIA and AMD Driving AI Model and Supercomputer Growth
Elon Musks xAI has closed a $6 billion funding round powered by NVIDIA and AMD investments. The funding will scale AI supercomputers, train Grok 3, and support the launch of innovative consumer and enterprise products.
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 to build even more powerful AI supercomputers — Nvidia, AMD contribute to funding round
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 investors,
Hosted on MSN
2m
Tesla emerges as surprising rival to AMD and Nvidia in quest to grab next-gen HBM4 memory for AI and supercomputers
According to industry sources, SK Hynix remains the current leader in the high-bandwidth memory (HBM) market, supplying HBM3e ...
1d
on MSN
AMD’s next GPU already has two big problems
AMD's next GPU is starting to come into focus, but even before an official announcement, the graphics card faces two major ...
TweakTown
10h
AMD and NVIDIA ship next-gen gaming GPUs from China to US before Jan 20 to escape tariffs
NVIDIA and AMD reportedly shipping their latest gaming GPUs and graphics cards to US warehouses from China before January 20, ...
14h
AMD Accelerates Product Development To Close The Competitive Gap
Discover how AMD is positioned for strong growth in AI model inferencing and data center sales, closing the performance gap ...
24/7 Wall St. on MSN
3d
Prediction: Nvidia Stock Will Outperform AMD Stock in 2025
Nvidia (NASDAQ:NVDA) stock found itself in a mini-slump in recent weeks, falling into correction, even as other tech stocks ...
TweakTown
8h
AMD's next-gen Radeon RX 9070 XT leaks: flagship RDNA 4 GPU boosts to 3.1GHz, 260-330W power
AMD's next-gen RDNA 4-based flagship Radeon RX 9070 XT graphics card expected to have 3.1GHz GPU boost, 260-330W TBP ...
1d
AMD: The Valuation Makes No Sense
AMD's shares below $120 present a buying opportunity with strong growth potential in Data Center segment, for potential ...
2d
AMD's poor software optimization is letting Nvidia maintain an iron grip over AI chips
SemiAnalysis pitted AMD's Instinct MI300X against Nvidia's H100 and H200, observing several differences between the chips. For the uninitiated, the MI300X is a GPU accelerator based ...
1d
Should You Buy the Dip in AMD Stock?
However, AMD's foray into the data center GPU market is clearly beginning to bear fruit. Both Microsoft and Meta Platforms, ...
3d
on MSN
AMD RDNA 4 GPU rumors flood forth, including possible name change to RX 9070 – because bigger is better, compared to Nvidia’s RTX 5070?
So, the theory now is that AMD is going to launch an RX 9070 XT, as first flagged up by an editor on Chiphell, which was ...
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