The editor of Downcodes learned that Elon Musk’s artificial intelligence company xAI is seeking a new round of financing worth billions of dollars, with a valuation that may reach $40 billion, almost twice the current valuation. This round of financing will further promote the development of xAI and consolidate its competitive position in the field of artificial intelligence. xAI has developed rapidly since its establishment last year and has launched its first AI model, Grok, as well as an enterprise-oriented API, demonstrating its strong technical strength and market potential.
xAI was established last year and completed a US$6 billion Series B financing in May this year. Currently, xAI has moved its office to the old location of OpenAI and uses a huge GPU cluster to train the next generation Grok model. Musk has emphasized xAI’s advantages in data, and the recently revised privacy policy of the X platform has further enhanced xAI’s data acquisition capabilities. The rapid development and huge financing of xAI indicate that it will play a more important role in the field of AI.
Not only that, xAI also revealed that it is using a huge cluster of 100,000 Nvidia GPUs to actively train the next generation Grok model. This large-scale computing power makes xAI more competitive in technology research and development. Musk has also said that the large amount of data on the X platform provides strong support for the development of xAI.
It is worth mentioning that the X platform recently modified its privacy policy to allow third parties, including xAI, to use posts on the platform for model training. This policy change not only improves the efficiency of data utilization, but also further consolidates xAI’s position in the market.
xAI’s rapid development and huge financing demonstrate its huge potential and ambition in the field of artificial intelligence. In the future, the trends of xAI deserve continued attention. Its competitiveness and innovation capabilities in the AI field will have a profound impact on the entire industry. The editor of Downcodes will continue to bring you more relevant reports.