Elon Musk's xAI ended talks with Oracle on a $10 billion server deal, opting instead to build its own system using Nvidia's H100 GPUs.
XAI
Elon Musk's AI startup xAI and Oracle ended negotiations on a $10 billion server deal due to disagreements over timelines and power supply.
Dell Technologies and Super Micro Computer are selected by Elon Musk for supplying server racks to xAI's supercomputer project.
xAI announces a second-round funding of $6 billion from investors including Sequoia Capital, Andreesen Horowitz, and Saudi Prince.
Elon Musk's AI startup, xAI, is seeking to raise nearly $6 billion in a new funding round backed by Silicon Valley giants.
Grok is an open-sourced AI chatbot developed by xAI, it's a joint effort by CEO and founder Elon Musk and xAI's staff.
The funding round amounts to $6B, with a post-investment valuation of up to $18 billion, and is expected to be completed within two weeks.
It refers to the ability of AI systems to provide transparent and understandable explanations for their decisions and actions.
Musk founded xAI in Nevada, reportedly acquiring around 10,000 graphics processing units necessary for cutting-edge AI development.
Musk said that Grok, a chatbot from AI startup xAI, will be enabled for all premium subscribers of social media platform X.
Elon Musk’s xAI has open-sourced the base code of Grok AI model, but without any training code and without any particular 'tuning'.
Elon Musk denies funding rumors for xAI, stating they have no plans to raise capital and are not actively seeking external investment.
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