Nvidia also invests! Musk's AI receives 6 billion pounds of financing, with the support of 9 industry giants

Elon Musk's AI startup company xAI announced on December 23 that it has completed Series C financing, raising an impressive $6 billion, attracting participation from numerous large institutions and strategic partners, including a16z, BlackRock, NVIDIA, AMD, and other well-known venture capital and technology giants.

Global venture capitalists and technology giants support

XAI indicates that this financing is jointly participated by several top investment institutions, including a16z (Andreessen Horowitz), BlackRock, Fidelity Management & Research Company, Kingdom Holdings, Sequoia Capital, Lightspeed, Morgan Stanley, and others, as well as strategic partners such as NVIDIA and AMD.

XAI indicates that the $6 billion funding for this round will be used to expand infrastructure, scale and performance of the supercomputer Colossus, accelerate AI product development, and create AI systems beneficial to humans.

Image source: XAI

From the supercomputer Colossus to multimodal AI models

Since the B round of financing, XAI has developed quite a diverse range of technologies and infrastructure, and is also working on training the new large-scale language model Grok 3. Here are the current highlights of the products launched by XAI:

Supercomputer Colossus: equipped with 100,000 NVIDIA Hopper GPUs, delivered to Musk in just 122 days and fully operational. It will further expand to a scale of 200,000 GPUs in the future.

Grok 2 large-scale language models: Introducing language models with cutting-edge reasoning capabilities to enhance the understanding and generation capabilities of multimodal AI models.

XAI API: Open Application Programming Interface (API), main functions include text generation, code generation, visual processing, and external system integration.

Aurora image generation model: It was briefly released a while ago, mainly enhancing the understanding, editing, and generation capabilities of multimodal AI, bringing more possibilities for application development. It is currently off the shelves.

[Disclaimer] The market is risky, and investment requires caution. This article does not constitute investment advice. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their specific situation. Invest at your own risk.

This article is authorized for reproduction from: 'Chain News'

"NVIDIA also invests! Musk's XAI raises 6 billion yuan in financing, with the support of 9 major industry giants." This article was first published in "Crypto City"

XAI3.75%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)