| Autor: |
Jin, Berber (AUTHOR), Dotan, Tom (AUTHOR), Bobrowsky, Meghan (AUTHOR) |
| Předmět: |
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| Zdroj: |
Wall Street Journal - Online Edition. 11/21/2024, pN.PAG-N.PAG. 1p. |
| Abstrakt: |
Elon Musk's artificial intelligence startup, xAI, has raised $5 billion in a funding round, valuing the company at $50 billion, more than double its previous valuation. The funding round includes participation from Qatar's sovereign-wealth fund and investment firms like Valor Equity Partners and Sequoia Capital. xAI plans to use the new funds to purchase additional Nvidia chips for training AI models and has reported annual revenue of $100 million. Musk is focused on surpassing competitors like OpenAI and is set to launch the third version of its Grok language model in December. [Extracted from the article] |
| Databáze: |
Regional Business News |
| Externí odkaz: |
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