From Artificial Intelligence News: 2024-05-29 06:47:08

Elon Musk’s xAI startup secures $6 billion in funding to bring advanced AI products to market, accelerate R&D, and build infrastructure. Musk co-founded OpenAI in 2015 but left in 2018 due to disagreements. xAI’s offering, Grok, outperforms some models but lags behind others. Investors include big names like Andreessen Horowitz and Saudi Prince Al Waleed bin Talal.

The race for AI technology and talent continues to heat up, with significant investments from big tech firms like Microsoft partnering with OpenAI. Tesla is hiring AI engineers for self-driving cars while preparing for an annual meeting to reinstate Musk’s $56 billion pay package. Musk has ambitious plans to revolutionize AI development with xAI.

To power their advanced AI systems, xAI will need 100,000 of Nvidia’s H100 chips, each costing $30,000 to $40,000. Musk aims to launch a new data center by fall 2025 to enhance xAI’s technological capabilities. Companies like Google, Apple, Amazon, Microsoft, and Meta are heavily investing in AI projects, shaping the future of technology.

Musk’s venture into AI, xAI, is leading the charge in AI advancements. With a focus on building truthful and beneficial AI for humanity, xAI is pushing the boundaries of what’s possible in the AI space. As Musk’s influence continues to grow, the evolution of AI technology will be one to watch closely in the coming years.



Read more at Artificial Intelligence News: Elon Musk’s xAI secures $6B to challenge OpenAI in AI race