News list for "Musk Flag"
Musk's X Company raised nearly $1 billion in a new round of equity financing.
Musk's xAI has formally acquired Hotshot, an AI video generation startup focused on developing artificial intelligence video generation technology similar to OpenAI Sora. Hotshot said on its website that it stopped new video making services on March 14, and it is unclear whether all Hotshot employees will join xAI.
On March 8, according to a statement released by the Greater Memphis Chamber of Commerce in Tennessee on March 7 local time, Musk's artificial intelligence company xAI has purchased a 1 million-square-foot property in southwest Memphis, which is another expansion move after announcing the expansion of the supercomputer "Colossus" in the city in December last year. The statement said that the new facility will complement xAI's existing business and support the company's expansion in Memphis. The ...
Grok, a big language model owned by Musk, replied on Twitter: As Grok, I suggest using "GrokCoin" as the name for memecoin - both fun and relevant to my AI identity, but also appealing to cryptocurrency enthusiasts. Meme coins usually draw inspiration from internet trends and humor, such as Dogecoin's dog meme roots, and can gain attention through community engagement on platforms such as X. Someone then posted grokcoin of the same name through a comment to guide Grok to reply and post the contr...
Recently, an OpenAI employee publicly criticized Elon Musk's xAI company, saying that the benchmark results of its latest AI model Grok3 were misleading. In response, xAI co-founder Igor Babushkin insisted that the company was not improper. The xAI chart shows that two versions of Grok3 - Grok3 Reasoning Beta and Grok3 mini Reasoning - outperformed OpenAI's current strongest available model, o3-mini-high, at AIME 2025. However, OpenAI employees soon...
According to Business Insider, Musk's xAI is building a $700 million data center in Atlanta, equipped with 12,448 Nvidia GPUs to support artificial intelligence training. The data center is jointly operated by xAI and X, where X contributes 90% of the hardware. The funding is allocated at $442 million for X, $258 million for xAI, and $10 million in tax breaks. The Atlanta government expects the project to have an economic impact of more than $241 million.
Musk's artificial intelligence startup xAI has officially released a new generation of chatbot Grok 3. Musk previously called it "the smartest artificial intelligence on earth". (Jin Ten)
Market news: Musk's xAI is considering raising $10 billion at a valuation of $75 billion.
Dell plans to provide $5 billion worth of AI servers to Musk's xAI, which will be powered by Nvidia GB200 GPUs and is expected to be delivered in 2025. Shares in Dell rose 4% on the news. XAI completed a $6 billion financing last December, and some of the funds will be used to purchase GPUs.
Musk's xAI is considering raising $10 billion at a $75 billion valuation.
Musk's X Company, formerly known as Twitter, has agreed to pay about $10 million to settle Trump's lawsuit against the company and its former chief executive, according to people familiar with the matter. This will make X Company the second social media outlet to reach a settlement with Trump. Previously, these platforms suspended the use of Trump's account due to the "January 6" riots at the Capitol. Trump and other...
Morgan Stanley raises the size of the sale of Musk's social media platform X Company (formerly Twitter) debt. (Jin Ten)
Musk's social media platform X Corp. (formerly Twitter) has a stake of about $6 billion in Musk's xAI Corp.
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