Elon Musk's startup xAI is now reportedly worth more than what the billionaire paid for Twitter
X was valued at $9.4 billion by Fidelity, one of its investors, in September. The firm, which invested $19.6 million in the platform, has written down the value of its investment by nearly 79% since 2022.
xAI startup reportedly raises $5bn in funding round
Artificial intelligence (AI) company xAI has secured $5bn in a funding round taking the valuation of Elon Musk’s startup to $50bn, the Wall Street Journal reported. Qatar Investment Authority, Valor Equity Partners, Sequoia Capital, and Andreessen Horowitz are said to have participated in the financing round.
Elon Musk’s xAI Startup Is Valued at $50 Billion in New Funding Round
The artificial-intelligence company has told investors it raised $5 billion in its latest funding round.
Elon Musk has a 'serious conflict of interest' due to xAI and his relationship with Trump, LinkedIn cofounder says
LinkedIn cofounder Reid Hoffman raised concerns about Elon Musk's conflict of interest in guiding Trump on AI laws since the Tesla CEO also owns xAI.
Elon Musk’s xAI doubles valuation after $5 billion funding round
Elon Musk’s AI startup xAI has reportedly reached a $50 billion valuation, following a funding round that secured $5 billion for the company.
Elon Musk’s Xai Raises $6 Billion Funding to Purchase 100,000 Nvidia Chips
Musk's xAI has raised $6 Billion at a valuation of $50 billion to buy 100,000 Nvidia chips to power Tesla’s line of Full Self Driving cars.
Watch: Donald Trump Joins Elon Musk for SpaceX’s Starship Launch
President-elect Donald Trump joined Elon Musk to watch the launch of SpaceX’s Starship rocket from south Texas.
Elon Musk Becomes Richest Ever With $70 Billion Surge After Trump’s Win
Elon Musk’s wealth saw a significant boost as Tesla shares jumped 3.8 per cent on Friday, closing at a 3.5-year high of 352.56 dollars per share.
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Elon Musk Launches ChatGPT Rival, xAI, New Company Hits $50bn Valuation After Raising $5bn
Elon Musk's recently launched ChatGPT rival, xAI has hit a $50 billion valuation after raising $5 billion in a new funding ...
This chart shows how crazy fast the value of Elon Musk's xAI has risen in 16 months
Elon Musk founded xAI in July 2023 with a 12-person staff. In just under a year and a half, the company has been valued at a ...
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The Week’s Biggest Funding Rounds: xAI And Anthropic Headline Big Week For AI (Again)
Just as the holiday season begins, a sleighful of companies unveiled large funding rounds. Of course, it was led by two ...
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Musk’s xAI shifts AI server business from struggling Supermicro to Dell
Elon Musk’s AI startup xAI has redirected its AI server orders from Supermicro to Dell, delivering a significant lift to Dell ...
How SpaceX, Tesla, xAI and X may benefit from Elon Musk's position as head of government efficiency
As head of the Department of Government Efficiency, Elon Musk has promised to slash $2 trillion from the federal budget. One ...
Elon Musk’s wealth hits record $469 billion on post-election boom
His fortune - the majority in Tesla stock and options - has jumped 35 per cent since the day before the US election. Read ...
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Elon Musk’s xAI Unleashes Massive Power with 150MW Approval – Introducing XAI46M: The Future of AI-Powered Crypto
Elon Musk’s xAI has taken a groundbreaking step forward with the approval of 150MW of power, enabling all 100,000 GPUs in its ...
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XAI-based anomaly detector for the smart grid to protect against sophisticated cyber threats
SUNY Poly Assistant Professor Dr. Mahmoud Badr and peers have published new research in Applied Sciences titled "XAI-Based ...