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Musk's xAI to raise up to $12 billion in debt for AI expansion: Report
Valor Equity Partners, an investment firm whose founder, Antonio Gracias, has close ties to Musk, is in talks with lenders to raise the capital, according to the report. The money would be used to buy a massive supply of advanced Nvidia chips that would be leased to xAI for a new huge data center meant to help train and power its AI chatbot Grok,
The initiative hadn’t been planned to include xAI’s Grok model as recently as March, a former Pentagon employee says.
On Tuesday, major artificial intelligence (AI) chip manufacturers, including Nvidia (NASDAQ:NVDA), Advanced Micro Devices ...
Elon Musk has said that he was living in denial over advancement in Artificial Intelligence while responding to a user's post on X.
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SpaceX and Tesla CEO Elon Musk said Baby Grok, a simplified AI chatbot designed for children, is coming next after the recent ...
One of the new “companions,” or AI characters for users to interact with, is a sexualized blonde anime bot called “Ani." ...
In a familiar critique of corporate structures, Musk also weighed in on the ideal environment for fostering such long-term, ...
A week after Elon Musk’s AI tool Grok descended into antisemitic rants and declared itself “MechaHitler,” the social media ...
Apple stock is suffering over AI doubts and it might need to turn to an external partner. Elon Musk’s xAI could be the ally ...
Lawmakers sent a letter to Musk criticizing xAI for failing to take "reasonable measures" against its AI model from engaging ...
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