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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 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 AI startup xAI raises $6 billion in latest funding round
Elon Musk's AI startup xAI has raised $6 billion from investors, including US venture capitalists, NVIDIA, AMD, and investment funds from Saudi Arabia and Qatar. This funding will be used to develop products for billions of users and advance research.
13h
2024 Showed It Really Is Possible to Rein in AI
From crackdowns on discriminatory facial recognition to protections against deepfakes, 2024 was quietly an important year for ...
8h
on MSN
Get Ready to Pay the “AI Tax” Next Year
This movement is probably why, according to Gartner, IT spending is projected to increase by 7.5 percent in 2024—in the form ...
2d
on MSN
Congress May Finally Take on AI in 2025. Here’s What to Expect
Congress will try to spur AI growth and mitigate harms next year. But passing legislation will be an uphill battle ...
17h
Get every major AI model in this tool (And make your workday 10x better)
AI combines all of today’s top models into one platform, and a lifetime subscription is on sale for four more days.
19h
on MSN
How Trump’s AI, Crypto Push Would Spur Clean Energy
President-elect Donald Trump’s enthusiasm for artificial intelligence and cryptocurrencies could have an inadvertent effect: ...
17h
on MSN
Should you trust an AI-assisted doctor? I visited one to see.
Our tech columnist visits a doctor assisted by AI. He finds potential and worrisome questions about whether it’s accurate, ...
2d
The AI smartphones that never materialized in 2024
All of the major phone makers are at fault. Samsung opened the year with its Galaxy S24 launch in January, declaring “Galaxy ...
2d
High schooler didn't see enough girls studying AI, so she built her own company
Ishani Singh created Girls Rule AI after attending a computer science competition where she was the only girl.
18h
The AI Moguls, Crypto Kingpins And Celebrities Who Became Billionaires In 2024
Forbes found scores of new billionaires this year, in businesses ranging from language apps to humanoid robots to military ...
2d
How Upskilling Provides a Bridge From AI Adoption to Organizational Resilience
AI offers business leaders the promise of higher efficiency and productivity. But there is risk in rushing to realize this ...
2d
AI Agents Will Be Manipulation Engines
New AI agents will have far greater power to subtly direct what we buy, where we go, and what we read. That is an ...
1d
on MSN
AI Models Are Getting Smarter. New Tests Are Racing to Catch Up
A new set of much more challenging evals has emerged in response, created by companies, nonprofits, and governments. Yet even ...
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