Search results for "XAI"
19:31

Musk claims that xAI is developing faster than its competitors.

Golden Finance reported that Elon Musk stated on Saturday that the development speed of his company xAI is faster than any other artificial intelligence company. "The speed of xAI's development is faster than that of any other artificial intelligence company," he said, adding, "Ultimately, victory depends on speed." Musk made the remarks as xAI launched its new partner Mika for the Grok platform.
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11:38

BlackRock and Nvidia lead a $40 billion Aligned acquisition deal, expanding AI data center infrastructure.

PANews, October 15 news, according to the Financial Times, a consortium composed of BlackRock, Nvidia, xAI, Microsoft, and others announced an acquisition of approximately $40 billion for the American data center giant Aligned Data Centers, aimed at meeting the rapidly rising demand for global AI Computing Power. The consortium also includes GIP, MGX, Temasek, and the Kuwait Investment Authority, planning to double the number of Aligned's 50 campuses in the Americas and enhance AI Infrastructure.
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02:21

xAI is raising funds, with investors like Nvidia increasing the scale to $20 billion.

Foresight News reports that according to Bloomberg, sources reveal that Musk's xAI is raising funds beyond the initial plan, with investors including Nvidia increasing the scale to $20 billion, and Nvidia will invest up to $2 billion in this equity financing. This financing includes both equity and debt, and the funds will be injected into a Special Purpose Vehicle (SPV) for the procurement of Nvidia processors to be leased to xAI for its Colossus 2 project.
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12:17

Musk: xAI is building "Grokipedia", which will "greatly improve" Wikipedia.

PANews, September 30 news, Elon Musk tweeted that xAI is building "Grokipedia," claiming it will "significantly improve" Wikipedia, and stated that this is a necessary step to achieve xAI's goal of "understanding the universe." Related discussions mention issues such as editorial bias and blacklists present in Wikipedia; some opinions suggest designing a branching and merging mechanism similar to git. Musk did not disclose the launch time or technical details.
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13:58

Elon Musk's xAI accuses competitor OpenAI of stealing trade secrets.

Golden Finance reported that a lawsuit filed on September 24 local time reveals that Elon Musk's artificial intelligence startup xAI has sued rival OpenAI in a federal court in California, accusing it of stealing trade secrets to gain an unfair advantage in the race for artificial intelligence technology. The lawsuit claims that OpenAI has a "disturbing practice" of poaching former xAI employees to obtain trade secrets related to the AI chatbot Grok.
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18:27

Elon Musk's xAI seeks to raise $10 billion, with a valuation soaring to $200 billion.

Jin10 reported on September 20 that sources revealed that xAI, the artificial intelligence startup founded by Musk, is raising $10 billion from investors, valuing the company at $200 billion in this funding round. This once again reflects the trend of soaring valuations for companies developing foundational artificial intelligence models. Earlier this month, Anthropic raised $13 billion, reaching a valuation of $183 billion. The industry's largest company, OpenAI, achieved a valuation of $500 billion through a secondary stock sale. It was reported that this funding round took place after Musk raised $10 billion through debt and equity financing a few weeks ago, when the market estimated xAI's valuation at around $150 billion.
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04:23

OpenAI hires former xAI CFO Sam Altman as competition with Musk escalates

On September 16, Jin10 reported that OpenAI has hired Mike Liberatore, the former CFO of Elon Musk's xAI, to serve as the Chief Financial Officer of this artificial intelligence startup, overseeing its large-scale infrastructure spending. A company spokesperson stated that Liberatore left xAI after just three months in July of this year and officially joined OpenAI this Tuesday. He will report to CFO Sarah Friar and collaborate with Greg Brockman’s team, which is responsible for managing the contracts and capital operations behind OpenAI's Computing Power strategy. This personnel appointment is the latest development in the escalating competition between OpenAI CEO Sam Altman and Musk. The two co-founded the OpenAI nonprofit research lab in 2015, but have publicly fallen out in recent years as the company transformed into a rapidly growing commercial entity primarily funded by Microsoft.
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00:39

XAI (Xai) rose 17.39% in the last 24 hours.

Gate News Bot news, on September 12, according to CoinMarketCap, as of the time of writing, XAI (Xai) is currently priced at 0.06 USD, with a 24-hour pump of 17.39%, reaching a high of 0.06 USD and a low of 0.05 USD. The current market capitalization is approximately 103 million USD, an increase of 15.2 million USD from yesterday. XAI is a Layer 3 blockchain solution based on Arbitrum technology, focusing on independent game development. XAI offers a $100 million game incentive program aimed at supporting the most innovative and promising game projects. The platform has also launched the Vanguard League, which automatically joins players based on their elite achievements in games deployed on the XAI network. XAI is committed to providing game developers with Web3 capabilities and deployment support to create a new gaming ecosystem.
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XAI3.56%
18:27

xAI launches the efficient inference model Grok Code Fast 1

BlockBeats news, on August 29, xAI announced the launch of the efficient reasoning model Grok Code Fast 1, which performs excellently in intelligent programming. In the next 7 days, Grok Code Fast 1 will be available for free on mainstream intelligent programming platforms, including Cursor, GitHub Copilot, Cline, opencode, Windsurf, Roo Code, and Kilo Code. (Jin10)
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GROK9.79%
FAST7.62%
11:31

Musk: The name Macrohard is funny, but the project is real.

Foresight News reports that Musk stated, "I joined xAI and helped create a pure AI software company named Macrohard. Although the name is a bit funny, this project is real! In principle, since software companies like Microsoft do not produce any physical hardware themselves, they should be able to fully simulate them with artificial intelligence." Previously, Musk applied for the "Macrohard" trademark in early August. Foreign media claim that the name "Macrohard" is clearly a parody of Microsoft's "Microsoft."
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XAI3.56%
06:57

A judge ruled that Musk must respond to OpenAI's allegations of years of harassment to aid his own xAI.

Jin10 reported on August 13 that a federal judge ruled that Musk must face accusations from OpenAI, which claims his attacks on the startup in court and the media constitute "years-long harassment." U.S. District Judge Yvonne on Tuesday denied the billionaire's request to dismiss an allegation that he weaponized legal actions, social media posts, and media statements in an attempt to undermine OpenAI's success, all to gain an advantage for his own generative AI startup xAI. The trial for this lawsuit is scheduled to take place in March next year at the federal court in Oakland, California.
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XAI3.56%
23:12

xAI co-founder challenges OpenAI: We have achieved a leading advantage in multiple areas with a smaller team.

On August 8, Jin10 reported that Yuhuai Wu, co-founder of xAI, posted on the X platform early this morning, stating: "Seeing the release of GPT-5, I feel very proud of xAI. With a smaller team, we are leading in many aspects. Grok4 is the world's first unified model and has defeated GPT-5 in benchmark tests such as ARC-AGI." He believes that OpenAI is a respectable competitor and is still ahead in many areas. "But we are moving quickly and are relentless. We will share many new models in the coming weeks!" Subsequently, Musk retweeted and said, "Well done."
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XAI3.56%
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01:28

Elon Musk's artificial intelligence company xAI completes $10 billion financing.

Gate News bot message, according to a report by The Information, the artificial intelligence company xAI founded by Elon Musk has completed a total financing of 10 billion USD, with funding sources including both debt and equity financing. This financing was advised by Morgan Stanley as the debt transaction advisor. Earlier, Bloomberg reported that Morgan Stanley is
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XAI3.56%
00:50

Musk's xAI company secures $10 billion in funding, including debt and equity.

According to Gate News bot, The Information reported that Elon Musk's xAI company successfully raised $10 billion in funding, which includes $5 billion in debt financing and $5 billion in equity funding. Morgan Stanley acted as an advisor for this debt transaction, but did not disclose the specific list of investors. In December last year, xAI had already received from Andreessen
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XAI3.56%
14:12

Pro Peter Thiel's Founders Fund will lead a $200 million financing for Polymarket.

According to Jinse Finance reports and market news: Silicon Valley pro Peter Thiel's Founders Fund will lead a $200 million financing round for Polymarket, with $50 million reportedly being previously undisclosed funding. SimilarWeb data shows that in May, Polymarket's website traffic hit a new high, reaching 15.9 million visits, surpassing competitors FanDuel, DraftKings, and Betfair. Recently, Polymarket also partnered with Elon Musk's xAI and is exploring the issuance of tokens.
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XAI3.56%
21:49

Google plans to sever ties with Scale AI

Golden Finance reports that Google plans to sever ties with Scale AI, after Zuckerberg's Meta Platforms invested over $14 billion for a 49% stake in Scale AI. Microsoft and Musk's xAI are also considering withdrawing from Scale AI.
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XAI3.56%
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21:12

AMD CEO: The AI chip market size will exceed $500 billion by 2028.

AMD CEO announced the launch of MI350 and MI355 chips, with MI400 set to be released next year; MI350 speeds exceed NVIDIA products. The company plans to launch AI servers based on MI500 in 2027 and has made 25 AI-related investments in the past year. The AI chip market is expected to exceed 500 billion dollars by 2028.
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XAI3.56%
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03:03

Musk: xAI is developing macOS and Windows applications.

Gate News bot message, xAI technician and co-founder Igor Babushkin posted on social media recruiting engineers to collaboratively develop the macOS application for X/Grok. Musk subsequently retweeted, stating that the company is developing macOS and Windows applications and cannot remain solely in the browser forever.
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XAI3.56%
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