Elon Musk xAI Funding

HPE Supplies $1 Billion AI Servers to Elon Musk’s xAI

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Hewlett Packard Enterprise (HPE) is providing AI servers worth about 1 billion US dollars to Elon Musk’s company xAI. This information comes from Bloomberg. The agreement was reached at the end of 2024. HPE did not want to comment on the deal, as it is confidential. The US company xAI operates the AI system Grok, … Read more

Elon Musk’s xAI Secures $6 Billion in Funding to Expand AI Capabilities

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Recently, tech billionaire Elon Musk raised about six billion dollars in a Series C funding round for his company, xAI. This company aims to develop AI models that compete with those from OpenAI, Meta, and others. The investors in this round include Sequoia Capital, Nvidia, and AMD. Additional investors are Andreessen Horowitz, Morgan Stanley, BlackRock, … Read more