In Just 16 Months, Elon Musk Achieved With xAI What Took OpenAI Nearly Nine Years To Accomplish
Elon Musk's artificial intelligence company, xAI, reportedly reached a valuation of $50 billion just 16 months after its founding in July 2023. It is now worth more than what the billionaire paid for Twitter. Arguably the most well-known name in the AI space, OpenAI, last valued at $157 billion, needed over nine years to achieve the same milestone.
Elon Musk’s xAI goes after OpenAI
In the world of generative artificial intelligence (AI), the scrap between Elon Musk and Sam Altman is in the same league. It is both silly and captivating. Silly because they insult each other, try to discredit each other’s chatbots and fight over who meant what almost a decade ago when they co-founded OpenAI .
According to CNBC’s David Faber, Elon Musk has raised up to $6 billion (at a $50 billion valuation) to purchase 100,000 ...
According to the Journal, xAI will raise more funding next year to support its growth efforts. The company has received at ...
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Musk has given 25% of the shares in his startup xAI to investors who helped fund his $44 billion acquisition of the social ...
Cathie Wood's ARK Venture Fund now provides investors indirect access to Elon Musk-led private companies, including SpaceX, X ...
Elon Musk’s xAI, armed with cutting-edge tech and vast resources, is taking on Sam Altman’s OpenAI, the creator of ChatGPT.
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As head of the Department of Government Efficiency, Elon Musk has promised to slash $2 trillion from the federal budget. One ...
Elon Musk’s AI startup xAI has redirected its AI server orders from Supermicro to Dell, delivering a significant lift to Dell ...
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Elon Musk’s artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC’s ...
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