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 Musks xAI has closed a $6 billion funding round powered by NVIDIA and AMD investments. The funding will scale AI ...
The AI firm has dedicated at least $12 billion this year into its Grok AI model and its “Colossus” supercomputer located in ...
Elon Musk's AI company, xAI, is testing out a standalone iOS app for its chatbot, Grok, which was available only to X users ...
The Kingdom Holding Company (KHC), a Saudi conglomerate holding company based in Riyadh, announced the acquisition of $400 ...
xAI, Elon Musk's company on artificial intelligence (AI), has raised 6 billion U.S. dollars in a Series C financing round, TechCrunch reported Wednesday. The new cash brings xAI's total raised to ...
Elon Musk is ending 2025 on a high as his xAI company’s latest filing shows it raised $6 billion in investments. As per the ...
AI gains 150MW power approval for its supercomputer, but locals fear impact on grid and future power availability.
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