xAI Secures $10B: Reshaping AI’s Future

Reading Time : 2 minutesElon Musk’s xAI secured a massive $10 billion funding round, significantly boosting its competitive stance in the AI sector. This capital, split between debt and equity, will fuel the expansion of its AI infrastructure, including the Grok platform and a colossal Memphis supercomputer with 1 million Nvidia GPUs. This highlights the escalating “AI arms race” and xAI’s aggressive push to lead the next generation of artificial intelligence.

Musk Boosts Tesla Pay to Counter OpenAI Poaching Surge

Reading Time : 2 minutes Elon Musk is raising pay across Tesla and xAI as OpenAI hunts his top engineers. Facing what he calls the craziest talent war ever, he’s bolstering loyalty to keep AI development on track. The battle with Sam Altman’s OpenAI is reshaping compensation and strategy across the entire industry.