Elon Musk’s xAI Scores $6 Billion with NVIDIA and AMD Driving AI Model and Supercomputer Growth
Elon Musks xAI has closed a $6 billion funding round powered by NVIDIA and AMD investments. The funding will scale AI supercomputers, train Grok 3, and support the launch of innovative consumer and enterprise products.
AI finished raising $6 billion in new funding and has begun receiving Nvidia GB200 chips. The chips are arriving about a ...
Cryptopolitan on MSN2d
xAI secures an additional $6 billion from a16z, Nvidia, QIA, and othersDuring the week, xAI revealed that Andreessen Horowitz (a16z), Blackrock, Fidelity, Nvidia, AMD, Lightspeed, Morgan ...
Nvidia and AMD, leading the artificial intelligence (AI) chip market, have bet on the AI startup xAI simultaneously.
Both stocks have had strong runs in 2024. Let's consider which semiconductor looks like the better buy heading into 2025.
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