Elon Musk’s xAI receives another $6B in funding

Elon Musk’s xAI receives another $6B in funding as Grok app looms
Elon Musk's AI company, xAI, raised another $6 billion in funding, TechCrunch reported via the U.S. Securities and Exchange Commission.
Elon Musk's xAI raises $6 billion in fresh funding: 'We are gonna need a bigger compute!'
Elon Musk's xAI has completed its Series C funding round, raising a total of $6 billion, it revealed in a Monday blog post. Musk's artificial intelligence company said the participants included a16z, Sequoia Capital, Morgan Stanley, BlackRock, Fidelity ...
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 funding from BlackRock, Nvidia, AMD, and others
Elon Musk’s AI venture xAI raises $6 billion in Series C funding round on Monday, December 23. Blackrock, AMD, Nvidia, Fidelity were among the top investors pooling in the investment.
Meet the power players at Elon Musk's xAI, the startup taking on OpenAI with its Grok chatbot
Meet the key figures at Elon Musk's xAI, the $50 billion startup behind the chatbot Grok that's taking on ChatGPT.
Elon Musk's xAI secures $6 billion in series C funding to fuel AI innovation
AI, the artificial intelligence firm co-founded by Elon Musk, has raised $6 billion in its Series C funding round from key investors including A16Z, BlackRock, and Sequoia Capital, the firm said in a blogpost on December 24.
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 takes aim at MacKenzie Scott again for giving billions to liberal causes, calling the gifts 'concerning'
Elon Musk reposted a critique of MacKenzie Scott for giving billions of dollars to liberal nonprofits, and said the giving ...
The Men and Women Swirling Around Elon Musk
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Why Elon Musk said a House Democrat ‘needs to be expelled’ from Congress
When the billionaire called Rep. Rosa DeLauro an "awful creature," it was a problem. When Elon Musk called for her expulsion, ...
These Democrats aren't dismissing DOGE. It could give Elon Musk and Vivek Ramaswamy a serious bipartisan boost.
Democrats are largely skeptical of Elon Musk's push to ax wasteful government spending. But some in the party aren't fully ...
Did Elon Musk kill a bill blocking investments in China to help Tesla?
Democrats’ top appropriator in the House, Rep. Rosa DeLauro of Connecticut, has accused Tesla TSLA Chief Executive Elon Musk ...
Elon Musk, World’s Richest Person, Donated To These Groups Last Year
The Tesla and SpaceX CEO distributed more than $200 million, more than half of which went to just one unproven nonprofit.
Mike Johnson Asked Elon Musk If He Wants to Be Speaker of the House
The GOP House Speaker referenced speculation about his future and the outsized influence Musk appeared to wield this week.
Elon Musk Is Creating His Own Texas Town. Hundreds Already Live There.
Elon Musk has expanded his footprint in Texas, moving his companies from California and building offices, warehouses and ...