Elon Musk told Nvidia to send AI chips reserved for Tesla to X, xAI
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of David Swanson | Reuters Elon Musk claims he can grow Tesla to “a leader in AI and robotics,”…
VCs are selling shares of popular AI companies like Anthropic and xAI to retail investors in a wild SPV market
VCs are clamoring for investments in “hot AI” companies, willing to pay exorbitant stock prices for coveted spots on their cap tables. Yet most are completely unable to close such…
Elon Musk's AI startup xAI raises $6 billion in funding
Elon Musk's artificial intelligence startup, xAI, has successfully raised $6 billion from leading investors including Andreessen Horowitz and Sequoia Capital. This latest round of funding increases the company's valuation to…
Elon Musk's XAI says it has raised $6 billion to develop artificial intelligence
SAN FRANCISCO– A group of investors will invest $6 billion to finance the development of artificial intelligence by Elon Musk's xAI. The company said on its website on Sunday that…
Elon Musk's xAI raises $6 billion from Valor, a16z and Sequoia
Elon Musk's AI startup xAI has raised $6 billion in a new funding round, it said today, in one of the biggest deals in the red-hot emerging space as it…
Musk's xAI shows there's more money on the sidelines for AI startups
We start the week with an AI-heavy start. OpenAI has a new deal with the Financial Times that caught our attention. Sure, it's another content licensing deal, but there seems…
JS Minute: Elon Musk's big plans for xAI include raising $6 billion
JS recently broke the news that Elon Musk's xAI is raising $6 billion at a pre-money valuation of $18 billion. The deal hasn't closed yet, so the numbers could change.…
xAI, Elon Musk's OpenAI rival, is nearing $6 billion in funding and X, his social network, is already one of its shareholders
xAI, Elon Musk's 10-month-old rival to AI phenomenon OpenAI, is raising $6 billion at a pre-money valuation of $18 billion, according to a trusted source close to the deal. The…
