AI Disruption

AI Disruption

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AI Disruption
AI Disruption
Musk's xAI Raises Another $6 Billion, Surpassing OpenAI as World's Top-Funded AI Company

Musk's xAI Raises Another $6 Billion, Surpassing OpenAI as World's Top-Funded AI Company

Musk's xAI secures $6B funding, surpassing OpenAI with $12B total. Launches Grok 2, Aurora, and APIs for cutting-edge AI solutions. Valued at $40B+.

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Meng Li
Dec 24, 2024
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AI Disruption
AI Disruption
Musk's xAI Raises Another $6 Billion, Surpassing OpenAI as World's Top-Funded AI Company
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Breaking: Musk's xAI Announces $6 Billion in New Funding!

The investment lineup is nothing short of spectacular—

With 97 individual or institutional participants, including NVIDIA and AMD.

This latest funding, combined with the $6 billion raised in the Series B round in May, brings xAI's disclosed total funding to $12 billion, with its valuation now surpassing $40 billion.

On the product front, xAI launched the cutting-edge language model Grok 2, featuring advanced reasoning capabilities and overall performance surpassing GPT-4o. Following this, xAI made the model’s API publicly available, offering developers tailored services.

This API is built on a new customized technology stack, supporting multi-region inference deployment for low-latency global access.

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