Musk says xAI is not raising capital after CNBC report on $10 billion funding
-Elon Musk said that after a CNBC report that collected 10 billion dollars in AI’s after -200 billion dollar money valuation of AI, Xai said that it is currently not increasing capital.
“Fake news. Xai does not create any capital right now,” Musk said.
According to the CNBC report, financing would go to data centers using NVIDIA and AMD graphic processing units that needed to develop a new generation of artificial intelligence and hire expensive skills.
The AI initiative increases the data center capacity to train more advanced models, as Openai compete with Openai more effectively with Chatgpt and Antropic’s Claude. Memphis, Tennessee, Colossus, the super -computer set, was touted as the largest in the world.
The enthusiasm of investor for AI initiatives remained strong despite the doubts about the expenditures of the technology industry.
According to data in Pitchbook, if the valuation of $ 200 billion in the CNBC report is correct, it will mean twice as much jump in July than $ 75 billion.
In addition, Openai, Openai, would make China’s Bayanism and Musk’s most valuable companies behind Spacex.
Openai, employees will allow cash to make money and the company will value about 500 billion dollars in an early -stage debate about the sale of a stock, Reuters reported in August, and the Chinese technology giant will value more than $ 330 billion to start a new employee’s purchase.
Anthropic said he had collected $ 13 billion in the valuation of $ 183 billion at the beginning of this month.
In late June, Morgan Stanley said that Xai completed a $ 5 billion debt increase with a separate strategic essence investment of 5 billion dollars, because the initiative tried to expand the AI infrastructure through data centers in the midst of intensive competition.
Musk launched Xai in July 2023 as an alternative to Openai’s Chatgpt.
This article was created from an automatic news agency feeding without changing the text.
