AI Chip Startup Expansion

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Musk Allies to Raise Up to $12 Billion for xAI Chips

Musk's xAI to raise up to $12 billion in debt for AI expansion, WSJ reports

Elon Musk's artificial intelligence startup xAI is working with a financier to secure up to $12 billion more for its expansion plans, the Wall Street Journal reported on Tuesday, citing people famili...

· 1d · on MSN

Musk Allies to Raise Up to $12 Billion for xAI Chips as Startup Burns Through Cash

The Manila Times on MSN · 6h

Musk’s xAI to raise up to $12B for AI expansion

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Musk's xAI was a late addition to the Pentagon’s set of $200 million AI contracts, former Defense employee says

The Pentagon last week announced multimillion-dollar contracts with four artificial intelligence companies intended to “address critical national security challenges,” including Anthropic, Google and ...

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How Elon Musk’s chatbot Grok could be helping bring about an era of techno-fascism

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Musk's xAI seeks billions in funding from private-credit market - report

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White House indicates Trump doesn’t support federal contracts for Musk’s AI company

The comments come roughly a week after Musk’s company, xAI, scored a contract for up to $200 million with the Department of Defense, alongside three other major tech firms.

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Musk's xAI working to raise up to $12 billion, WSJ reports

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Musk's xAI was late addition to Pentagon's set of $200M contracts

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AI Weekly: Jensen on tour, Elon on the hunt

STORY: From what the Nvidia boss thinks of Chinese bots, to why Elon Musk wants someone to give him $12 billion, this is AI Weekly.:: AI WeeklyNvidia boss Jensen Huang has hailed the quality of China’s AI models:"China is moving incredibly fast because the model layer with DeepSeek and Alibaba Qwen and Moonshot Kimi Kimi,

1don MSN

White House to unveil plan to push US AI abroad, crack down on restrictive rules, document shows

The White House intends to publish a plan on Wednesday that calls for the export of American AI technology abroad and a crackdown on state laws deemed too restrictive to let it flourish, a document seen by Reuters shows.

16don MSN

AI chipmaker Groq expands to Europe with new Finland hub

Groq opens a new AI data centre in Helsinki, Finland, as it expands globally to compete with Nvidia in the inference chip market.

Digi Times7mon

South Korea's FuriosaAI takes on global AI chip race with 'RNGD'

In August 2024, the startup unveiled its advanced AI chip, "RNGD." The chip is positioned to challenge industry leaders such as Nvidia with a 100% power efficiency advantage over Nvidia's H100 ...

NBC New York16d

Nvidia challenger Groq expands with first European data center

Groq said it has established its first European data center in partnership with Equinix. The AI semiconductor startup is looking to take advantage of rising demand for AI services in Europe ...