Get the latest tech news
Elon Musk’s xAI raises $6 billion to fund its race against ChatGPT and all the rest
How much of that money is going to be spent on GPUs?
Elon Musk founded xAI last summer, and today it announced raising $6 billion in funding, saying it will help bring the startup’s “first products to market, build advanced infrastructure, and accelerate the research and development of future technologies.” Funding in this round came from several sources, according to xAI, including Andreessen Horowitz, Sequoia Capital, and Saudi Arabian Prince Al Waleed bin Talal. Microsoft has also struck a multi-billion partnership with OpenAI, whose CEO Sam Altman is reportedly pursuing trillions more dollars to revamp the global chip industry.
Or read this on The Verge
