Elon Musk xAI raises $6 billion, targeting AI innovation with Grok chatbot and expanded supercomputer capabilities. What’s next for this ambitious venture?
Elon Musk’s AI startup, xAI, has raised $6 billion, boosting its valuation to over $40 billion. The funding, sourced from 97 investors, aims to enhance its supercomputer facility in Memphis and strengthen its position against major competitors. xAI’s primary offering, the chatbot Grok, is accessible to subscribers of the social network X (formerly Twitter).
