AI Chip Startup Expansion

News

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 familiar with the situation.

The Wall Street Journal on MSN · 1d

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

XAI is tapping into the booming private-credit market to find the cash it needs to build massive data centers.

The Manila Times on MSN · 6h

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

ELON Musk’s artificial intelligence (AI) startup xAI is working with a financier to secure up to $12 billion more for its expansion plans, the Wall Street Journal (WSJ) reported on Tuesday, citing people familiar with the situation.

13h

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 ...

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 ...

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 ...

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 ...

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