Elon Musk’s xAI gets investment from Nvidia in recent funding round: report
xAI has closed its Series C funding round of $6 billion. A number of companies were part of the investment round, including tech and finance giants A16Z, Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, and Vy Capital.
Strategic investors NVIDIA and AMD also participated. The companies will continue to support xAI’s scaling infrastructure.
What they’re saying:
- Elon Musk has welcomed NVIDIA’s investment. In a post on X, Musk noted that “It’s an honor to have NVIDIA as an investor.”
It’s an honor to have @nvidia as an investor
— Elon Musk (@elonmusk) December 25, 2024
xAI’s Rapid Progress:
After its Series B funding round in May 2024, xAI has not slowed down. The AI startup achieved notable significant technical milestones, which include:
- Colossus: The world’s largest AI supercomputer with 100,000 NVIDIA Hopper GPUs, which became fully operational in just 122 days. Plans are in place to double its size to 200,000 GPUs.
- Grok 2: A large language model with cutting-edge reasoning capabilities. Grok is currently deployed on X, allowing it to access real-time information.
- xAI API: Providing developers with global, low-latency access to xAI’s foundational models.
- Aurora: An image generation model for Grok.
Future Projects:
- xAI is currently training Grok 3, its most advanced model yet. Plans are underway to launch new consumer and enterprise products that will utilize Grok, Colossus, and X, the artificial intelligence startup wrote in a blog post.
Between the Lines:
- The recent funding round will accelerate xAI’s infrastructure, product development, and research. It also helps the company develop AI systems that are truthful, competent, and maximally beneficial for all of humanity.
- The funding also helps the artificial intelligence ramp its hiring efforts aggressively.
Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.
The post Elon Musk’s xAI gets investment from Nvidia in recent funding round: report appeared first on TESLARATI.
Source: https://www.teslarati.com/elon-musk-xai-gets-investment-nvidia-new-funding-round/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,667,652,437 |
| Stories: | 8,326,023 |
Whistler Blowers, Insiders
