Elon Musk had Nvidia send AI chips intended for Tesla to X and xAI
Varney & Co. host Stuart Varney discusses whether Elon Musk’s latest tech bet will pay off for investors. Billionaire entrepreneur Elon Musk asks Nvidia to ship Artificial Intelligence (AI) CNBC reported on Tuesday that the chips destined for Tesla will be provided by social media platform X and AI startup xAI. CNBC reported: The company […]
Elon Musk diverts Nvidia AI chips booked for Tesla to X, xAI: report
Tesla CEO Elon Musk has instructed Nvidia to prioritize shipments of AI processors to its X and xAI companies over the electric car maker. CNBC reported: on tuesday. The news suggests Musk is prioritizing artificial intelligence-related developments outside Tesla and comes ahead of a key shareholder vote on his compensation package at the company. “Elon […]
Musk raises $6 billion for xAI to challenge OpenAI
Elon Musk’s artificial intelligence company xAI has raised $6 billion from a group of investors to fund the expansion of its technology. The company website The company announced on Sunday that the “Series B funding” will be used to bring its first product to market, build out its infrastructure, and research future technologies. “xAI will […]
Elon Musk’s xAI gets $6 billion in new funding and announces valuation
Barron’s Roundtable panelists discuss whether software makers are ready for AI. Billionaire Elon Musk’s Artificial Intelligence (AI) Startup xAI announced on Sunday that it had raised $6 billion in Series B funding, raising its post-money valuation to $24 billion. Investors in xAI’s $6 billion Series B round included Valor Equity Partners, Vy Capital, Andreessen Horowitz, […]
Elon Musk’s startup xAI announces $6 billion fundraising round
Elon Musk is pooling cash for his own AI startup, escalating the artificial intelligence arms race with his former colleagues at OpenAI. Tesla tycoon’s company xAI — Powering the sarcastic Grok chatbot — It announced it had raised $6 billion on Sunday The company has raised a new funding round, raising investment from venture capital […]
Elon Musk’s xAI could be valued at higher-than-expected $20B as investor demand surges: sources
Elon Musk’s new AI startup could receive a higher-than-expected valuation of $20 billion in its first funding round, with investor demand surging as the process nears completion, the post says. I got it on paper. Musk’s xAI (which powers the sneaky Grok chatbot) could raise $7 billion to $8 billion at its lofty valuation as […]
xAI, Elon Musk’s AI Venture, Raises $6 Billion to Take on OpenAI
Elon Musk’s artificial intelligence startup xAI, which aims to rival ChatGPT developer OpenAI, raises a massive $6 billion funding round that values the 10-month-old company at a staggering $18 billion. is scheduled to be completed. tech crunch report Reliable sources close to the deal say xAI’s funding round is expected to close in the coming […]
Investors in talks to help Elon Musk’s xAI raise $3 billion, WSJ reports
Investors close to Elon Musk are in talks to help his artificial intelligence startup xAI raise $3 billion in a round, valuing the company at $18 billion, the Wall Street Journal reported. It was reported on Friday. Venture capital firms Gigafund and Steve Jurvetson are among the backers considering investing in the round, the report […]
Elon Musk’s xAI launching new version of Grok chatbot
Elon Musk’s artificial intelligence startup xAI has announced the release of an upgraded version of its chatbot Grok, a rival to ChatGPT. This version lets you write code and perform math-related tasks, but it looks like it needs a little more work to catch up with its rivals. We tested Grok 1.5 on a wide […]
Elon Musk’s xAI to open-source its Grok chatbot
Elon Musk’s artificial intelligence startup xAI will open source the code for its sneaky Grok chatbot “this week,” its billionaire founder said. The move makes Grok’s source code freely available for redistribution and modification, and appears to be Musk’s latest attack on rival OpenAI’s popular ChatGPT. twall street journal Previously reported. After the announcement on […]