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Elon Musk’s xAI raises $6B to bolster battle against OpenAI
Elon Musk’s xAI raises $6B to bolster battle against OpenAI: ‘Gonna need a bigger compute!’
Elon Musk’s artificial intelligence startup xAI revealed that it raised $6 billion in its latest funding round as the startup continues to ramp up in its battle against bitter rival 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.
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.
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 Raises $6 Billion in New Funding
A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia participated.
15h
on MSN
Nonprofit group joins Elon Musk’s effort to block OpenAI’s for-profit transition
Encode, a nonprofit AI safety org, has requested permission to file an amicus brief in support of Elon Musk's injunction to ...
3d
Elon Musk Vs. Sam Altman: Inside The Feud Over OpenAI And ChatGPT
A story of control and competition unfolds, with the ongoing feud between OpenAI co-founders, Elon Musk and Sam Altman.
Hosted on MSN
6d
OpenAI CEO: Elon Musk Is a 'Legendary Entrepreneur' But 'Clearly a Bully'
Musk 'did a lot to help OpenAI in the early day,' Sam Altman says in an interview with The Free Press, but he 'likes to get ...
thetechportal.com
6h
Non-profit group Encode unites with Elon Musk against OpenAI’s for-profit transition
A nonprofit organization Encode unites with Elon Musk against OpenAI's for-profit shift. Delaware public benefit corporation ...
13d
on MSN
Mark Zuckerberg sets aside his feud with Elon Musk to go after Sam Altman's OpenAI
Sam Altman's OpenAI should remain a nonprofit.
14h
on MSN
OpenAI to maintain charitable branch after shifting to for-profit
OpenAI has revealed its plan to transform into a for-profit organization next year. It will maintain a nonprofit charitable ...
glassalmanac.com
3d
Elon Musk files a lawsuit against OpenAI and Microsoft
Elon Musk has never been one to shy away from confrontation, and his latest legal move is no exception. The billionaire ...
19h
OpenAI Details Plans for Becoming a For-Profit Company
OpenAI said it will be restructured as a public benefit corporation, and the nonprofit that controls the organization would ...
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