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Nvidia also invests! Musk's AI receives 6 billion pounds of financing, with the support of 9 industry giants
Elon Musk's AI startup company xAI announced on December 23 that it has completed Series C financing, raising an impressive $6 billion, attracting participation from numerous large institutions and strategic partners, including a16z, BlackRock, NVIDIA, AMD, and other well-known venture capital and technology giants.
Global venture capitalists and technology giants support
XAI indicates that this financing is jointly participated by several top investment institutions, including a16z (Andreessen Horowitz), BlackRock, Fidelity Management & Research Company, Kingdom Holdings, Sequoia Capital, Lightspeed, Morgan Stanley, and others, as well as strategic partners such as NVIDIA and AMD.
XAI indicates that the $6 billion funding for this round will be used to expand infrastructure, scale and performance of the supercomputer Colossus, accelerate AI product development, and create AI systems beneficial to humans.
Image source: XAI
From the supercomputer Colossus to multimodal AI models
Since the B round of financing, XAI has developed quite a diverse range of technologies and infrastructure, and is also working on training the new large-scale language model Grok 3. Here are the current highlights of the products launched by XAI:
Supercomputer Colossus: equipped with 100,000 NVIDIA Hopper GPUs, delivered to Musk in just 122 days and fully operational. It will further expand to a scale of 200,000 GPUs in the future.
Grok 2 large-scale language models: Introducing language models with cutting-edge reasoning capabilities to enhance the understanding and generation capabilities of multimodal AI models.
XAI API: Open Application Programming Interface (API), main functions include text generation, code generation, visual processing, and external system integration.
Aurora image generation model: It was briefly released a while ago, mainly enhancing the understanding, editing, and generation capabilities of multimodal AI, bringing more possibilities for application development. It is currently off the shelves.
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"NVIDIA also invests! Musk's XAI raises 6 billion yuan in financing, with the support of 9 major industry giants." This article was first published in "Crypto City"