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Elon Musk’s xAI receives another $6B in funding
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.
EconoTimes
6h
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 ...
2d
on MSN
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 ...
13d
Elon Musk just gave Nvidia investors one billion reasons to cheer for reported partnership
According to DigiTimes, Musk was involved in a deal between xAI and Nvidia — reportedly personally contacting Nvidia Chief ...
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