Elon Musk’s artificial intelligence initiative, which looks more like an extension of X xAIcompleted its latest funding round at a $50 billion valuation. So XAI is more than the money Elon Musk put into X. has become more valuable. Furthermore, X has lost serious value during the Elon Musk era.
xAI appears to be in a growth situation that is exceeding expectations. Because the initiative was only launched a few months ago. $25 billion had the appreciation. Total valuation with investment rounds made, doubled It’s over.
xAI will give its money to NVIDIA

According to news based on sources familiar with the subject, xAI, with the money in hand Will contact NVIDIA. In this context; It is said that Elon Musk and his team will purchase up to 100,000 new chips from NVIDIA, and artificial intelligence models will be trained with these chips. But how do you make an agreement between parties? It’s not clear yet.
In the meantime; Let’s also say that xAI will be making very big announcements next month. According to Elon Musk, the third version of the language model called “Grok” is actually “The most powerful artificial intelligence in the worldwill happen. If this happens, investors may show more interest in xAI. This means that the startup will invest in OpenAI a stronger rival can make it happen.
Follow Webtekno on X and don’t miss the news