Elon Musk’s xAI raises $6 billion to fund its race against ChatGPT and all the rest

Elon Musk founded xAI last summer, and today it announced raising $6 billion in funding, saying it will help bring the startup’s “first products to market, build advanced infrastructure, and accelerate the research and development of future technologies.” So far, xAI has launched Grok, a supposedly edgier version of OpenAI’s ChatGPT available via X, formerly known as Twitter, where the chatbot is currently only available to X Premium subscribers.

Last week, a report from The Information said that xAI would need 100,000 of Nvidia’s current H100 chips for a supercomputer to power an upgraded version of its Grok AI chatbot. Musk reportedly told investors the plan is to launch the new data center by the fall of 2025.

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoiner Erik Voorhees and Former Binance Exec Start Rivaling Elon Musk's xAI: DetailsErik Voorhees reveals why he and former Binance and Circle executives have launched AI
Source: Utoday_en - 🏆 295. / 63 Read more »

Elon Musk's xAI gets $6B in new funding and announces valuationElon Musk's artificial intelligence company xAI announced a $6 billion Series B investment round that increases its valuation to $24 billion, according to Musk.
Source: FoxBusiness - 🏆 458. / 53 Read more »