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 $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 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.
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.
BlackRock, a16z back Elon Musk's xAI in $6B funding round
Elon Musk's xAI secures $6B in a Series C with BlackRock, a16z; focuses on AI infrastructure expansion, including Colossus upgrades.
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 receives another $6B in funding as Grok app looms
Elon Musk's AI company, xAI, raised another $6 billion in funding, TechCrunch reported via the U.S. Securities and Exchange Commission. The filing reports that each investor, of nearly 100, had to give a minimum of $77,
Elon Musk’s xAI lands $6 billion funding breakthrough
Elon Musk‘s xAI has secured another $6 billion in funding. After landing the same amount in June, the artificial intelligence startup launched by the billionaire businessman – who is the founder of Tesla and SpaceX and CEO of X (formerly Twitter) – has received further investments in its Series C funding round.
XAI Valuation Reaches Over $40 Billion After $6 Billion Funding Round
The AI firm has dedicated at least $12 billion this year into its Grok AI model and its “Colossus” supercomputer located in ...
AMD and Nvidia Back Musk’s xAI. What It Means for Microsoft, Google and Amazon.
Nvidia and AMD’s participation in xAI’s funding round means they are directly financing a rival to their major customers.
xAI is testing a standalone iOS app for its Grok chatbot
Elon Musk's AI company, xAI, is testing out a standalone iOS app for its chatbot, Grok, which was available only to X users ...
Elon Musk’s xAI supercomputer gets 150MW power boost despite concerns over grid impact and local power stability
The xAI supercomputer, nicknamed the “Gigafactory of Compute,” is designed to support Musk’s artificial intelligence company.
xAI Secures $6 Billion in Series C Funding, Bolstering its AI Ambitions
Elon Musk's AI venture, xAI, has achieved a significant milestone with the successful completion of a $6 billion Series C ...
Al Bawaba News11h
Saudi KHC acquires $400M in xAI
The Kingdom Holding Company (KHC), a Saudi conglomerate holding company based in Riyadh, announced the acquisition of $400 ...
Digital information world1d
xAI Raises $6 Billion as Grok Expands Capabilities on X Platform
Elon Musk is ending 2025 on a high as his xAI company’s latest filing shows it raised $6 billion in investments. As per the ...
Benzinga on MSN1d
Elon Musk's Wealth Hits $470 Billion
Elon Musk's net worth has surpassed 470 billion, accounting for 1.6 percent of U.S. GDP, a level of wealth last seen with ...