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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.
3d
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.
1d
on MSN
Elon Musk just got the best Christmas gift he could ask for
Elon Musk has a lot going on as 2024 winds to a close. The CEO of both Tesla (TSLA) and SpaceX is finishing a busy year that ...
24/7 Wall St. on MSN
1d
Elon Musk’s Net Worth Rises Over $200 Billion This Year
According to Bloomberg, the number of people worth over $100 billion rose to 16 this year. Aside from Elon Musk, three others ...
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