xAI’s next-gen AI model didn’t arrive on time, adding to a trend
The list of flagship AI models that missed their promised launch windows continues to grow. Last summer, billionaire Elon Musk, the founder and CEO of AI company xAI, said that Grok 3, xAI’s next ...
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 ...
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Nvidia's Investments In Elon Musk's xAI, Perplexity, OpenAI, And Other Startups Crossed $1 Billion Mark In 2024
NVIDIA Corp. NVDA invested $1 billion across 50 startup funding rounds. The Jensen Huang-led company also acquired a number ...
Elon Musk and OpenAI’s Sam Altman Are Battling in Court. Google Could Be the Big Winner.
Once friends and business partners, and now rivals, Elon Musk and Sam Altman are dueling it out in a California federal ...
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 ...
OpenAI says it needs ‘more capital than we’d imagined’ as it details for-profit plan
OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans ...
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.
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XAI Valuation Reaches Over $40 Billion After $6 Billion Funding Round
The AI firm has dedicated at least $12 billion this year into its Grok AI model and its “Colossus” supercomputer located in ...
Explainer: Why OpenAI plans transition to public benefit corporation
OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it ...