xAI reported that it had successfully raised US$6 billion (~RM26.88 billion) in funding during a recent Series C funding campaign. Investors that gave money to the startup including tech giants NVIDIA and AMD.
“The funds from this financing round will be used to further accelerate our advanced infrastructure, ship groundbreaking products that will be used by billions of people, and accelerate the research and development of future technologies enabling the company’s mission to understand the true nature of the universe.”
Since its Series B funding which took place in May of this year, xAI has gone on to build a supercomputer known simply as “Colossus”, as well as released its Grok-2 frontier language model, complete with advanced reasoning capabilities.
Despite the man’s antics, Musk is still considered an important figure in AI industry. He helped found OpenAI back in 2015 but left years later following disagreements with the company’s co-founders, including its current CEO, Sam Altman.
Musk even sued OpenAI earlier over its partnership with Apple but dropped the lawsuit almost immediately.
