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xAI, Elon Musk’s OpenAI rival, is closing on $6B in funding and X, his social network, is already one of its shareholders
xAI, Elon Musk’s 10-month-old competitor to the AI phenom OpenAI, is raising $6 billion on a pre-money valuation of $18 billion, according to one trusted
Other participants are likely to include Valor Equity Partners and Gigafund, whose founders are also part of the inner circle of Musk, who famously blends the personal and the private. Eventually (goes the pitch), Grok will be fed data from Musk’s other companies, helping it to master the physical world in potentially endless ways, starting with truly self-driving cars. As first reported today in The Information, Musk said publicly this month that xAI is right now training the second generation of Grok on 20,000 Nvidia H100s, which are the chips fueling the most advanced AI models currently.
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