Elon Musk’s xAI Challenges OpenAI with $6B Boost, Legal Battle Over AI’s Future
December 6, 2024
Elon Musk's artificial intelligence venture, xAI, has successfully secured approximately $6 billion in equity financing, aiming to significantly enhance its supercomputing capabilities. This substantial investment is set to expand xAI's Memphis-based supercomputer, Colossus, to accommodate over one million graphics processing units (GPUs), marking a tenfold increase from its current capacity....
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