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Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center
Elon Musk’s artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC’s David Faber.
Elon Musk raising up to $6 billion to buy technology for Memphis data center
Elon Musk is purchasing thousands of chips for his artificial intelligence company in Memphis. Musk is raising up to $6 billion to buy 100,000 Nvidia chips for the Memphis data center, according to CNBC’s David Faber.
Elon Musk's AI start-up xAI looks to raise $1 billion, filing shows
Elon Musk's artificial intelligence start-up xAI is seeking to raise as much as $1 billion, a Securities and Exchange Commission filing from this week shows.
Valuations at Elon Musk’s SpaceX and xAI set to soar in new deals
Two of Elon Musk’s private companies are set to secure multibillion-dollar jumps in valuation through new deals, as investors race to back the sprawling business interests of the world’s richest man.
xAI's value is set to double, joining Elon Musk's Tesla and SpaceX in reaching new heights
Two of Elon Musk’s private ventures are set to be worth a lot more, joining his sole public company in securing massive valuations.
Government Technology
7h
The Impact of Artificial Intelligence on the 2024 Election
Experts at a Congressional Internet Caucus Academy briefing this week explored the role artificial intelligence played in the ...
21h
This Is the Biggest Threat to Nvidia's Artificial Intelligence (AI) Dominance That Virtually No One Is Talking About
Remember, AI-GPU scarcity has been the leading catalyst that's driven Nvidia's exceptional pricing power. With its top ...
Architectural Record
3d
Data Creep: The Geography of Artificial Intelligence
The energy demands of AI are driving a construction boom for data centers, illuminating the long-obscured physical network ...
Government Technology
1d
Upstate New York Community Approves AI Data Center Plan
The site plan for the addition, a five-building facility, was approved by the town’s planning board, but the approval is pending upon the company’s compliance with sewer and noise issues.
1d
on MSN
Better Artificial Intelligence Stock: Nvidia vs. AMD
Additionally, Nvidia's stock is technically cheaper than AMD's. While not inexpensive, Nvidia's shares have a ...
1d
on MSN
Instead of a downtown baseball stadium, former KC Star printing press will be a data center
The iconic glass and copper building in downtown Kansas City will become an “AI innovation facility” and company Patmos’ ...
eWeek
8d
The Impact of Artificial Intelligence on Pollution: Opportunities and Challenges
Explore how AI is both a solution and contributor to pollution. Discover the opportunities and challenges AI presents in ...
9d
on MSN
This SAP industry center uses artificial intelligence to streamline manufacturing
When Hurricane Helene damaged western North Carolina in September, filling medical facilities with people who couldn’t be ...
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