Key Takeaways
- xAI has expanded its newest funding spherical to $15 billion, boosting the corporate’s valuation to round $200 billion.
- The increase is predicted to fund large-scale GPU purchases as xAI accelerates improvement of its foundational fashions
xAI, Elon Musk’s synthetic intelligence firm, has secured $15 billion in new funding, CNBC reported right now.
The spherical expands the $10 billion increase beforehand reported in September and values the corporate at roughly $200 billion. A lot of the capital will probably be used to amass the GPUs wanted to coach large-scale AI methods.
The funding comes amid hovering valuations for AI firms, together with Anthropic’s current $13 billion increase and OpenAI’s $6.6 billion share sale at a $500 billion valuation. The surge in funding displays intense demand for foundational fashions throughout the tech trade.
