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,
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 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,
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 lands $6 billion funding breakthrough
Elon Musk‘s xAI has secured another $6 billion in funding. After landing the same amount in June, the artificial intelligence startup launched by the billionaire businessman – who is the founder of Tesla and SpaceX and CEO of X (formerly Twitter) – has received further investments in its Series C funding round.
Elon Musk's xAI raises $6 billion funding from BlackRock, Nvidia, AMD, and others
Elon Musk's AI venture xAI raises $6 billion in Series C funding round on Monday, December 23. Blackrock, AMD, Nvidia, Fidelity were among the top investors pooling in the investment.
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 ...
GeForce Experience is dead – replaced by the Nvidia App – and good riddance
With the launch of the Nvidia App (what a name, guys – killed it) and the death of GeForce Experience, as mentioned, I was ...
Why AMD's 2025 Could Be Worse Than 2024: AI Dreams Are Crumbling
AMD faces tough competition in the AI and GPU markets, struggling against Nvidia's dominance and cloud provider custom ...
AMD's poor software optimization is letting Nvidia maintain an iron grip over AI chips
SemiAnalysis pitted AMD's Instinct MI300X against Nvidia's H100 and H200, observing several differences between the chips. For the uninitiated, the MI300X is a GPU accelerator based ...
AMD Radeon RX 9070 XT rumored to be flagship new RDNA 4 GPU, say new leaks
Previously called the AMD Radeon RX 8800 XT, this flagship RDNA 4 AMD gaming GPU has a rumored new name and leaked images ...
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 ...
AMD RDNA 4 GPU rumors flood forth, including possible name change to RX 9070 – because bigger is better, compared to Nvidia’s RTX 5070?
So, the theory now is that AMD is going to launch an RX 9070 XT, as first flagged up by an editor on Chiphell, which was ...
Where I Plan To Buy Nvidia Stock Next
Nvidia's Blackwell GPU holds the potential to dwarf Hopper's revenue in the coming quarters. I discuss what lies ahead for ...
Could AMD Soar in 2025?
With how successful Nvidia has been as an investment, it's only natural to look at similar companies and see if they have ...
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% ...