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Musk's XAI completed a heavyweight $6 billion C round of financing! Industry giants such as a16z, BlackRock, NVIDIA, and AMD are working together.
Elon Musk's AI startup xAI announced the completion of Series C financing on 12/23, raising an astonishing $6 billion, attracting participation from numerous major institutions and strategic partners, including a16z, BlackRock, NVIDIA, AMD, and other well-known venture capitalists and tech giants.
Global venture capitalists and tech giants support
XAI represents that this financing is jointly participated by multiple top investment institutions, including a16z (Andreessen Horowitz), Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Sequoia Capital, Lightspeed, Morgan Stanley, etc., as well as strategic partners such as NVIDIA and AMD.
XAI indicates that the $6 billion funding for this financing will be used to expand infrastructure, expand the scale and performance of the supercomputer Colossus, accelerate the research and development of AI products, and create AI systems that are beneficial to humans.
XAI has completed a heavyweight financing of $6 billion. From the supercomputer Colossus to multimodal AI models.
Since the Series B financing, xAI has developed in a diverse range of technologies and infrastructure, and is also working on training a new version of the large-scale language model Grok 3. Here are the current products with highlights 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 language model: Introducing a language model with advanced reasoning capabilities to enhance the understanding and generation abilities 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: briefly released some time ago, mainly enhancing the understanding, editing, and generation capabilities of multimodal AI, bringing more possibilities for application development, and now it has been taken offline.
(NVIDIA's powerful GPU Hopper achieved great success! It took only 122 days to build Musk's supercomputer Colossus)
This article Musk xAI heavyweight completed 6 billion US dollars C round financing! a16z, BlackRock, NVIDIA and AMD and other industry giants joined forces, first appeared in Chain News ABMedia.