Elon Musk's AI firm xAI secures $6 billion to expand supercomputers and develop new AI products.

Elon Musk's AI company, xAI, has secured an additional $6 billion in funding, bringing its total raised to $12 billion. The funds will be used to expand its supercomputer by adding at least one million GPUs and to develop advanced AI products such as Grok-1.5 and Grok-1.5V. Major investors include Valor Equity Partners, Sequoia Capital, Andreessen Horowitz, and Qatar's sovereign wealth fund. xAI's mission is to create truthful, competent AI systems beneficial for humanity.

4 months ago
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