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Elon Musk’s xAI receives another $6B in funding
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 New Funding
A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia participated.
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.
1d
on MSN
Elon Musk Is Creating His Own Texas Town. Hundreds Already Live There.
Elon Musk has expanded his footprint in Texas, moving his companies from California and building offices, warehouses and ...
Observer
13d
Here’s How Much Elon Musk Companies Grew in Value in 2024
In November, xAI raised $5 billion in a round that valued the A.I. startup at $50 billion, more than doubling its previous ...
13h
on MSN
Elon Musk urges supporters not to donate to Wikipedia after it spent $50M on DEI: ‘Wokepedia’
Stop donating to Wokepedia until they restore balance to their editing authority,” Musk wrote on X on Tuesday.
1d
The Men and Women Swirling Around Elon Musk
A look at the people who influence the world’s richest man, and those who stand to gain from their association with him now.
12h
on MSN
How China Made Elon Musk’s Celebrity Mom Its ‘Secret Weapon’
Elon Musk might be all the rage in Washington these days, but his mom, Maye Musk, is lighting up Beijing—and the other cities ...
2d
on MSN
Elon Musk's X lifts price for premium-plus tier to pay creators
Elon Musk-owned X raised the price of its premium-plus plan in several markets from Dec. 21 as the social media company looks ...
5d
Sam Altman says Elon Musk is 'clearly a bully' who likes to get in fights with rivals
Altman said he believes much of Musk's animosity is rooted in OpenAI's recent success and the fact that he now runs a direct ...
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