Elon Musk raised $6 billion in investment for his startup xAI, which is engaged in the development of artificial intelligence. The company promises to announce new technological products and updates soon, and plans to use powerful Nvidia H100 graphics accelerators to create a supercomputer.
AI startup xAI
Investment round
American billionaire Elon Musk’s artificial intelligence company xAI has attracted $6 billion in investment in the Series B financing round. Investors include such well-known companies as Andreessen Horowitz and Sequoia Capital. Information about this was published on the official xAI blog.
Development plans
The funds raised will be directed to bringing the first xAI products to the market, creating advanced infrastructure to accelerate research and development of future technologies. The company itself promises to soon announce a number of interesting technological updates and products.
Musk's comments
In his post on the X platform, Elon Musk, commenting on the funding announcement , noted that he will have more to share with the public in the coming weeks. He also confirmed that the value of the company xAI is estimated at $18 billion, as previously reported by the media.
xAI supercomputer
Musk plans to launch xAI by the fall of 2025. The company is considering cooperation with Oracle to create a powerful supercomputer. xAI intends to use the advanced Nvidia H100 graphics accelerators in its supercomputer, the number of which is currently undisclosed.
Chip requirement
At the beginning of the year, Elon Musk stated that training the Grok 2 model required about 20,000 Nvidia H100 GPUs, while the Grok 3 and the following models will already need 100,000 such chips. Despite strong demand, Nvidia's H100 line of powerful GPUs dominates the AI data center chip market.
Glossary
- xAI is Elon Musk's startup in the field of artificial intelligence.
- Andreessen Horowitz is a well-known investment company.
- Sequoia Capital is one of the leading investment firms in the world.
- Oracle is an American corporation, one of the major software development companies.
- Nvidia H100 - powerful graphics accelerators used in AI systems.
Link
- xAI Blog about Series B funding round
- Elon Musk's X post on xAI funding
- Elon Musk's X post on xAI valuation
Answers to questions
How much money did xAI raise and what companies were investors?
What will the received investments be spent on?
What updates and products does xAI plan to announce?
What is the market value of startup xAI?
What are the plans for using powerful GPUs in xAI?
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Discussion of the topic – Elon Musk raised $6 billion for his AI startup xAI - a revolutionary step in the field of AI
Elon Musk's artificial intelligence startup xAI has raised $6 billion in Series B funding from leading investors including Andreessen Horowitz and Sequoia Capital. These funds will be used to bring the first xAI products to market, build advanced infrastructure and accelerate research, as well as develop future technologies.
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AlessiaSpaletto
Oh, I heard about xAI and the new big funding! Huge money and ambitious plans 🤯 I wonder what will come of it, will someone become a competitor of OpenAI and Google?
ДенисКірічок
As always, Max is not kidding 😄 The amount of investment is impressive. $18 billion for an AI startup is unheard of money! Although, knowing the scope of Musk's projects, it seems quite realistic.
PiotrZawadzki
Even if everything goes according to plan, 20K Nvidia H100 for the Grok 2 model is just the beginning 😮 For Grok 3, 100K such accelerators are already planned! Insane computing power will be needed.
FranzMeier
Brrr, these numbers are a reminder of how resource-intensive it is to train large next-generation language models 😥 Billions of dollars and huge computing farms - the ecological footprint is simply terrible.
КостянтинДембицький
And I think that progress is more important than resources. Artificial intelligence can solve the global problems of humanity much more effectively! 🌍 So it is worth investing in and developing these technologies.
ГригорійФейєрбах
Hmm, nothing new as usual. Musk disperses noise, flaunts numbers and leads people with promises 🙄 And then in 5 years he will update his "revolutionary product" again.
АннаГонсалес
Don't forget that behind all these AI achievements are the titanic efforts of scientists and engineers 💪 I look forward to what breakthrough solutions Musk's team will prepare for us.
МаріяСтефанович
Wondering exactly what xAI's first products will be? 🤔 Maybe some universal assistant for households or maybe a solution for businesses? Musk always has a wide selection 😁