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.
