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Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center
Elon Musk's artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC's David Faber.
Elon Musk's AI start-up xAI looks to raise $1 billion, filing shows
Elon Musk's artificial intelligence start-up xAI is seeking to raise as much as $1 billion, a Securities and Exchange Commission filing from this week shows.
Elon Musk’s xAI secures $6 billion in funding to accelerate AI ambitions
Elon Musk’s artificial intelligence venture, xAI, is nearing the completion of a $6 billion funding round. As reported by CNBC, this financial injection will bring the company’s valuation up to $50 billion.
Ars Technica
4d
Amazon ready to use its own AI chips, reduce its dependence on Nvidia
Amazon is poised to roll out its newest artificial intelligence
chips
as the Big Tech group seeks returns on its ...
14h
on MSN
Nvidia Has 65% of Its Portfolio Invested in 1 Brilliant Artificial Intelligence (AI) Stock
Nvidia ( NVDA -3.26%) first disclosed a stake in fellow semiconductor company Arm Holdings ( ARM -5.59%) in the fourth ...
GlobalData on MSN
2d
SoftBank unit to build supercomputer with Nvidia Blackwell chips
At the Nvidia AI Summit in Japan, founder and CEO Jensen Huang announced that SoftBank Corp will be the first to receive ...
1d
Nvidia to report Q3 earnings Wednesday as AI fever continues to power Wall Street
Nvidia is expected to report Q3 earnings per share (EPS) of $0.74 on revenue of $33.2 billion, according to analysts’ ...
13h
on MSN
Prediction: Nvidia Stock Is Going to Stall Out on Nov. 20
Given the critical role Nvidia is playing in the AI revolution, Wall Street and investors are laser-focused on Nov. 20, which ...
Hosted on MSN
2d
AMD cuts 1,000 jobs to focus more on AI chips—and narrow Nvidia’s lead
Good morning. Which way is X heading? Some media executives told the Financial Times that brands plan a return to Elon Musk’s ...
3d
on MSN
SoftBank Plans First Supercomputer With Nvidia Blackwell Chips
SoftBank Group Corp. will be the first to build a supercomputer with chips using Nvidia Corp.’s new Blackwell design, a ...
12d
Nvidia, Cerebras Race To Supply Big Chips For AI Inference Activities
Cerebras’ WSE-3 has 4 trillion transistors, and staggering amounts of on-chip memory. It has around 9,000 cores, for an ...
12d
Nvidia's Huang asked SK Hynix to bring forward supply of HBM4 chips by 6 months, SK's chairman says
Nvidia CEO Jensen Huang had asked memory chip maker SK Hynix to bring forward by six months the supply of its next-generation ...
Digi Times
2d
Liquid cooling demand set to surge as Nvidia plans next-gen AI chips
With Nvidia planning GB300 after GB200, scheduled for launch in the first quarter of 2025, industry sources believe liquid ...
NextBigFuture
4d
Nvidia’s Top Goal is AI Designing Chips
The top goal for Nvidia Jensen Huang is to have AI designing the chips that run AI. AI assisted chip design of the H100 and H200 Hopper AI chips. Jensen wants to use AI to explore combinatorially the ...
1d
This Is the Biggest Threat to Nvidia's Artificial Intelligence (AI) Dominance That Virtually No One Is Talking About
Nvidia's operating expansion has been textbook, which includes a monopoly-like share of the graphics processing units (GPUs) ...
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