Elon Musk’s xAI raises $6B to bolster battle against OpenAI: ‘Gonna need a bigger compute!’
Elon Musk’s artificial intelligence startup xAI revealed that it raised $6 billion in its latest funding round as the startup continues to ramp up in its battle against bitter rival OpenAI.
Elon Musk’s xAI Raises $6 Billion in New Funding
A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia participated.
Elon Musk's xAI raises $6 billion in fresh funding: 'We are gonna need a bigger compute!'
Elon Musk's xAI, the startup behind the Grok chatbot and Colossus supercomputer, raised $6 billion in a Series C funding round.
Elon Musk’s xAI receives another $6B in funding as Grok app looms
Elon Musk's AI company, xAI, raised another $6 billion in funding, TechCrunch reported via the U.S. Securities and Exchange Commission. The filing reports that each investor, of nearly 100, had to give a minimum of $77,
Musk's AI Startup Raises Further $6 Bn
Billionaire tech mogul Elon Musk's startup xAI said it had raised $6 billion from investors in its latest funding round, as it battles stiff competition in the artificial intelligence market.
Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions
AI, Elon Musk’s AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Investors gave a minimum of $77,593, per the filing (97 participated,
3 Proven Financing Strategies To Outsmart Venture Capital In 2025
In 2025, entrepreneurs seeking growth with control will increasingly turn to smarter financing strategies instead of relying ...
San Francisco Examiner8d
Two SF artificial-intelligence startups raise big new funding rounds
Meanwhile, Bloomberg reported Wednesday that Perplexity AI closed a $500 million venture round earlier this month at a $9 billion valuation.
Perplexity AI triples its valuation in about 6 months with latest $500 million funding round
Perplexity AI closed a $500M funding round, Bloomberg reported, tripling the startup's valuation within 6 months at $9 ...
This ‘Immigrant Kid’ Turned Early GitLab Investor Now Has A $160 Million Debut Venture Fund
Bulgaria-born Villi Iltchev, a former Salesforce and Box executive, plans to invest in pre-seed and seed enterprise software ...
Databricks Is Raising $10 Billion, in One of the Largest Venture Capital Deals
In a statement, Databricks said it had so far secured $8.6 billion of the $10 billion that it was raising. Ali Ghodsi, the ...
Analytics India Magazine8d
Databricks Closes The Biggest Venture Round with $10 Billion Funding
The company is now valued at $62 billion and wishes to focus on AI product development and international expansion.
AI startup Databricks hits $62 billion valuation in record VC round
Databricks has secured a $62 billion valuation after raising a whopping $10 billion in one of the largest venture capital ...
Auburn's HuLoop Automation to expand after VC funding round led by SF's Mighty Capital
SC Moatti is the founder and managing partner at Mighty Capital, which invests in enterprise software. It has had exits from ...
news.crunchbase7d
AI Cloud Startup Vultr Raises $333M At $3.5B In First Outside Funding Round
AI cloud infrastructure startup Vultr raised $333 million in growth financing at a $3.5 billion valuation, marking the decade ...
Crain's Chicago Business9d
UChicago venture fund supports spinout Flow Medical in $5M seed round
Flow Medical, a UChicago Medicine-born startup developing a device to treat pulmonary embolisms, has received the first ...
TechCrunch on MSN19h
$132K – $149K, here’s what seed-stage founders pay early employees, based on data
Once a startup has raised its seed round, the perennial question becomes how much should the founders pay themselves and ...