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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 $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 continues to ramp up in its battle against bitter rival OpenAI.
1d
Elon Musk Vs. Sam Altman: Inside The Feud Over OpenAI And ChatGPT
A story of control and competition unfolds, with the ongoing feud between OpenAI co-founders, Elon Musk and Sam Altman.
2d
on MSN
Elon Musk’s xAI supercomputer gets 150MW power boost despite concerns over grid impact and local power stability
AI gains 150MW power approval for its supercomputer, but locals fear impact on grid and future power availability.
12d
on MSN
OpenAI hits back at Elon Musk lawsuit, says he suggested for-profit entity
OpenAI responded to Elon Musk's lawsuit against the AI startup, arguing the billionaire suggested the company should have a ...
12d
OpenAI Fires Back at Elon Musk’s Lawsuit
The artificial intelligence start-up argues that Mr. Musk is trying to hamstring its business as he builds a rival company.
12d
on MSN
OpenAI's legal battle with Elon Musk reveals internal turmoil over avoiding AI 'dictatorship'
A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and best avoid an artificial ...
2d
on MSN
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 ...
Hosted on MSN
10h
Elon Musk Bats For Skilled Immigration Reforms, Backs Trump's New AI Advisor Sriram Krishnan's Stand On Green Caps Removal
Elon Musk has voiced support for skilled immigration reforms, dismissing the “fixed pie” economic fallacy while emphasising ...
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