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xAI, NVIDIA and Elon Musk
Elon Musk's xAI raises $6 billion from Nvidia, AMD, and others
In total, 97 investors were involved in this round of funding, with the minimum investment per participant pegged at $77,593. Investors were only allowed to participate
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.
Elon Musk’s xAI Scores $6 Billion with NVIDIA and AMD Driving AI Model and Supercomputer Growth
Elon Musks xAI has closed a $6 billion funding round powered by NVIDIA and AMD investments. The funding will scale AI supercomputers, train Grok 3, and support the launch of innovative consumer and enterprise products.
Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions
The filing also revealed that xAI is now valued at $45 billion, close to double its previous valuation. The new cash brings xAI’s total raised to $12 billion, adding to the $6 billion tranche xAI raised in May.
Elon Musk’s xAI raises $6 billion in new funding
Written by Kate Conger The artificial intelligence company founded by Elon Musk, xAI, said on Monday that it had raised $6 billion, giving the startup a major lift as it competes with rivals, including OpenAI.
Elon Musk's xAI raises $6 billion to build even more powerful AI supercomputers — Nvidia, AMD contribute to funding round
Elon Musk's xAI has raised $6 billion in its latest funding round, pushing its total capital raised to $12 billion at a valuation of $50 billion, reports TechCrunch. The round, which involved 97 investors,
TweakTown
8h
AMD and NVIDIA ship next-gen gaming GPUs from China to US before Jan 20 to escape tariffs
NVIDIA and AMD reportedly shipping their latest gaming GPUs and graphics cards to US warehouses from China before January 20, ...
1d
on MSN
AMD’s next GPU already has two big problems
AMD's next GPU is starting to come into focus, but even before an official announcement, the graphics card faces two major ...
13h
AMD Accelerates Product Development To Close The Competitive Gap
Discover how AMD is positioned for strong growth in AI model inferencing and data center sales, closing the performance gap ...
TweakTown
7h
AMD's next-gen Radeon RX 9070 XT leaks: flagship RDNA 4 GPU boosts to 3.1GHz, 260-330W power
AMD's next-gen RDNA 4-based flagship Radeon RX 9070 XT graphics card expected to have 3.1GHz GPU boost, 260-330W TBP ...
41m
on MSN
Apple's new BFF, Broadcom, reveals three hyperscalers want to deploy 1,000,000 GPUs or XPUs by 2027; something that will make Nvidia wince
Broadcom is rumored to have an ongoing partnership with Apple to help it build its own AI chip TikTok parent company, ...
1d
AMD’s CES 2025 press conference: How to watch
AMD has its work cut out for it at CES 2025. Competitor Nvidia has been sucking the oxygen out of every room it graces, as ...
1d
AMD: The Valuation Makes No Sense
AMD's shares below $120 present a buying opportunity with strong growth potential in Data Center segment, for potential ...
1d
Should You Buy the Dip in AMD Stock?
However, AMD's foray into the data center GPU market is clearly beginning to bear fruit. Both Microsoft and Meta Platforms, ...
2d
Nvidia, Taiwan Semiconductor, AMD, Rumble, And Tesla: Why These 5 Stocks Are On Investors' Radars Today
The U.S. stock market ended in the green on Monday. The Nasdaq Composite gained over 100 points, reflecting a nearly 1% ...
9h
on MSN
Intel quietly adds Jaguar Shores to its Gaudi AI Accelerator roadmap as it seeks to compete more fiercely against AMD and Nvidia
Intel is betting big on Jaguar Shores to compete in AI Gaudi chips give Intel a shot at the AI inferencing market Intel hopes ...
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