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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 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
Elon Musk’s xAI Raises $6 Billion in New Funding
A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia participated.
Elon Musk's Tesla and SpaceX saw massive growth in Texas
SpaceX's big year: The new records and feats Elon Musk's space company achieved in 2024
SpaceX launched more than 130 missions this year and made significant progress with its new Starship vehicle, the biggest and most powerful rocket ever built.
Here’s How Much Elon Musk Companies Grew in Value in 2024
In November, xAI raised $5 billion in a round that valued the A.I. startup at $50 billion, more than doubling its previous valuation of $24 billion in May. The round was participated by the venture capital firms Sequoia Capital and Andreessen Horowitz.
Elon Musk's Tesla and SpaceX saw massive growth in Texas in 2024
It's unclear if Elon Musk ever figured out how to wear a cowboy hat, but 2024 is the year the billionaire went all in on Texas. While Tesla laid off almost 2,700 Texas staffers in the spring as part of a global workforce shedding,
4h
on MSN
Steve Davis was Elon Musk's confidant at SpaceX and Twitter. He's now ready to help the billionaire cut costs at DOGE.
Steve Davis, who has worked with Musk at SpaceX, Twitter and The Boring Company, is getting involved with DOGE.
1h
Right-wingers turn on Elon Musk over his latest immigration stance
Billionaire Elon Musk is coming under fire from some right-wingers online over comments he made in support of H-1B visas, non ...
2d
The Men and Women Swirling Around Elon Musk
A look at the people who influence the world’s richest man, and those who stand to gain from their association with him now.
4h
on MSN
Elon Musk says Boeing is on a 'much better track' with its new CEO because its previous leader 'had no idea how airplanes or rockets worked'
Dave Calhoun was Boeing's CEO from January 2020 to July 2024. Calhoun was trained as an accountant. His successor, Kelly ...
1d
on MSN
Elon Musk urges supporters not to donate to Wikipedia after it spent $50M on DEI: ‘Wokepedia’
Stop donating to Wokepedia until they restore balance to their editing authority,” Musk wrote on X on Tuesday.
5h
on MSN
Elon Musk combats anti-immigration sentiment in posts decrying 'dire shortage' of tech talent
Elon Musk decried a "dire shortage" of engineering talent in the U.S. in social media posts advocating for increased ...
5h
Elon Musk's Plan For His Own Texas City 'Starbase': A Corporate Utopia
Over the years, Texas has seen an expansion of Musk's SpaceX, soon after he moved from California citing "woke" reasons. A ...
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