Elon Musk’s xAI raises $6B to bolster battle against OpenAI

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 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.
Elon Musk's xAI raises $6 billion from Nvidia, AMD, and others
In total, 97 investors were involved in this round of funding, with the minimum investment per participant pegged at $77,593. Investors were only allowed to participate
Elon Musk’s xAI receives another $6B in funding as Grok app looms
Elon Musk's AI company, xAI, raised $6 billion, doubling its funding to $12 billion and its valuation to over $40 billion.
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 supercomputers, train Grok 3, and support the launch of innovative consumer and enterprise products.
Elon Musk’s xAI raises $6 billion in new funding
Written by Kate Conger The artificial intelligence company founded by Elon Musk, xAI, said on Monday that it had raised $6 billion, giving the startup a major lift as it competes with rivals, including OpenAI.
Elon Musk's xAI raises $6 billion to build even more powerful AI supercomputers — Nvidia, AMD contribute to funding round
Elon Musk's xAI has raised $6 billion in its latest funding round, pushing its total capital raised to $12 billion at a valuation of $50 billion, reports TechCrunch. The round, which involved 97 investors,
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Elon Musk Hints Grok-3 Could Revolutionize AI: Will It Launch by Year’s End?
Trained on 100k H100s, Elon Musk Teased a Potential Grok-3 Reveal by the End of the Year. Will This AI Model Launch Before ...
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.
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Elon Musk offers powerful AI chatbot Grok-2 free to users
Elon Musk has made the current version free for all, impacting millions of X users and reshaping AI accessibility.
Elon Musk's AI company lists Grok chatbot app for iPhones: Key features and more
Elon Musk’s venture xAI has launched a standalone iOS app for its Grok AI chatbot, expanding from its earlier exclusivity to ...
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Elon Musk’s xAI Trials Independent Grok AI Application on iOS
Elon Musk's xAI is testing a standalone Grok AI app for iOS, aiming to enhance AI accessibility for iPhone users.
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Elon Musk’s xAI is testing out a standalone iOS app for Grok
AI is planning to make Grok publicly accessible as a separate app on iOS. Musk’s AI has become incredibly competitive, as ...
Mark Cuban uses Elon Musk’s own AI chatbot to shoot down his praise of far-right German party
Musk said that ‘only the AfD can save Germany’ in a post on X on Friday night that provoked widespread backlash from ...