Elon Musk’s AI startup xAI has raised $6 billion in a new funding round. The company’s valuation is $50 billion.
Author:
https://rb.ru/author/sadulaev/
Subscribe to RB.RU on Telegram
As CNBC reports, the funds raised will be used to purchase 100 thousand Nvidia graphics chips, which are used to accelerate the computing power of the AI supercomputer.
The funding round is expected to close early next week. It is known that the sovereign funds of Middle Eastern countries allocated 5 billion dollars. xAI will receive another $1 billion from anonymous investors.
The capitalization of Elon Musk’s startup is currently estimated at $50 billion. According to the Financial Times, it is 45 billion dollars.
At the beginning of September, Elon Musk announced on his X account the launch of the Colossus cluster to train artificial intelligence with 100 thousand Nvidia H100 accelerators.
Author:
Akhmed Sadulayev
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
