Elon Musk’s private companies xAI, SpaceX see values soar
Tesla's stocks have been in a hurry since Donald Trump was elected president, but Elon Musk's private companies have seen their ratings soar. Secondary market investors have increased the collective valuation of mask four private companies by 45% since the November 5 election, according to an analysis by Trading Platform Caplight. Quote by Bloomberg News. […]
Elon Musk’s xAI claims Grok 3 outperforms OpenAI, DeepSeek
Elon Musk's Xai claims the latest version of the flagship “Grok” chatbot is better than rival products offered by Sam Altman-led Openai and China-based Deepseek. Musk's new AI model, called the “Grok 3,” scored higher in mathematics, science and coding tests than Openai's GPT-4o, Google's Gemini, Anthropic's Claude and Deepseek's V3 models. According to the […]
Elon Musk’s xAI launches Grok app as chatbot race heats up
Elon Musk's artificial intelligence startup xAI has launched the Grok app in a bid to catch up with rivals like Google and OpenAI. Grok is the name of xAI's flagship chatbot, which can be used via Musk's social media platform X, and became available as a standalone app in Apple's App Store on Thursday morning. […]
Elon Musk’s xAI raises $6B to bolster battle against OpenAI
Elon Musk's artificial intelligence startup xAI said it has raised $6 billion in its latest funding round as it continues to grow in the battle against rival OpenAI. Musk took a victory lap on Monday after announcing on his social media platform X that the company had completed a Series C funding round, typically the […]
Elon Musk’s xAI Raises $6 Billion in Latest Funding Round as Valuation Soars Above $40 Billion
Elon Musk's artificial intelligence startup xAI has secured $6 billion in new capital, closing a funding round that values the company at more than $40 billion. bloomberg report Elon Musk's artificial intelligence venture xAI has raised an additional $6 billion from investors in a major milestone, according to a recent regulatory filing with the SEC. […]
Elon Musk’s xAI raises $6 billion in equity financing as AI race heats up
Elon Musk's artificial intelligence startup xAI has raised an additional $6 billion from investors as it ramps up competition from Sam Altman's OpenAI, according to a regulatory filing. XAI – the company that created that sneaky “Grok” chatbot available on Musk’s social media site X – has raised funding from a total of 97 investors. […]
Musk’s Twitter takeover investors set to benefit from huge xAI valuation: report
Prominent investors who suffered painful losses supporting Elon Musk's acquisition of Twitter are now eyeing a sweet consolation prize in the form of a surge in stakes in Musk's artificial intelligence startup, according to a report. It is said that there is. Musk sold a 25% stake in xAI, which he founded last year, to […]
Nvidia in talks with Elon Musk about investing in xAI: source
Semiconductor giant Nvidia is in talks to invest in Elon Musk's fast-growing artificial intelligence startup xAI, people familiar with the matter said. XAI, which powers the insidious Grok chatbot on Musk's X social network, is in talks with some investors to raise billions of dollars. Approximately $40 billion valuationWSJ reported this week. Information reported that […]
Elon Musk’s selects Memphis as the xAI supercomputer site
DR Barton, Principal at Woodshaw Financial Group, talks to “Varney & Co.” about AI stocks investors should consider buying. xAI aims to build the world’s largest supercomputer, and the Elon Musk-founded artificial intelligence company recently announced that it chose Memphis as its home base. The Greater Memphis Chamber of Commerce announced Wednesday that the southwest […]
Elon Musk’s xAI plans multibillion-dollar supercomputer in Memphis
Elon Musk’s artificial intelligence startup xAI is reportedly planning to build a multi-billion dollar supercomputer in Memphis as part of an effort to better compete with rivals such as OpenAI and Google. Musk and his xAI team have been in talks with Memphis officials since March about building a facility to house the data center, […]