Elon Musk's xAI secures $6 billion in funding to expand supercomputer capabilities

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Elon Musk's AI company, xAI, has raised $6 billion in its latest funding round, bringing its total to $12 billion since launching in July 2023. This funding comes from over 90 investors, including notable figures like Larry Ellison and Jack Dorsey. xAI is expanding its Colossus supercomputer from 100,000 to over a million Nvidia GPUs, enhancing its AI capabilities. This growth aims to position xAI as a strong competitor to OpenAI, which has raised $17.9 billion since 2015. xAI's product, Grok, is designed to compete with OpenAI's ChatGPT, featuring a unique, humorous tone. Musk's ongoing rivalry with OpenAI includes legal actions, as he claims the company has shifted focus from its original mission.


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Elon Musk's xAI secures $6 billion in funding to expand supercomputer capabilities | News Minimalist