Sources: Elon Musk's xAI plans to debut a consumer app as soon as December; the startup built its Colossus data center, which uses 100K Nvidia GPUs, in 122 days
The Tesla CEO is racing to make xAI, which launched after its competitors, the world's most advanced AI company
xAI is set to close a new $5bn fundraising round as early as Wednesday, 2x its val to $50b in just 6m. That meant some of Musk's backers, who were sitting on $ bil unrealised losses from Twitter takeover, could be made “whole” thru shares in xAI https://www.ft.com/... via @ft
Musk's Twitter backers gain windfall from xAI deal - Investors hit by losses following Musk's takeover of Twitter reap rewards from shares in his AI start-up - Musk has given investors that backed his $44bn Twitter acquisition 25% of shares in xAI https://www.ft.com/...