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Search results for "XAI"
04:15

Sources: xAI plans to raise $15 billion, with a valuation reaching $230 billion.

Elon Musk's artificial intelligence company xAI is raising $1.5 billion at a valuation of $230 billion, significantly up from its valuation in March. Sources say that Musk's wealth manager has disclosed the financing terms. Musk has expressed skepticism about the related reports on social media, indicating external interest in his financing plans.
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04:13

Sources: xAI is in high-level talks with investors to raise $15 billion.

PANews, November 19 news, according to The Wall Street Journal: Sources say xAI is in high-level negotiations with investors to raise $15 billion, which will bring xAI's valuation to $230 billion. Sources say that Elon Musk's wealth manager, Jared Birchall, disclosed the terms of a new round of financing to investors on Tuesday night. CNBC had earlier reported on xAI's financing plans, but Musk denied it, calling the reports "false."
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18:50

Saudi Arabia plans to deepen cooperation with American tech giants and invest heavily in building multiple gigawatt-level data centers.

Golden Finance reports that, according to the American financial media Semafor, the artificial intelligence company Humain, supported by the Saudi Arabian sovereign wealth fund, plans to announce a series of new agreements with American companies tomorrow, as the country is planning to invest billions of dollars in a program aimed at becoming the world's third-largest artificial intelligence nation. Sources familiar with the matter revealed that Humain is planning to collaborate with companies including Amazon, AMD, xAI, and GlobalAI to announce the construction of multiple gigawatt-level data centers. According to the sources, these agreements are expected to follow the approval of the sale of a large amount of semiconductors to Saudi Arabia by the United States. It remains unclear how many of these agreements are new and substantial, or merely indicators of progress on agreements announced during U.S. President Trump’s visit to Riyadh in May. Humain's CEO Tareq Amin previously stated that he expects the first batch of numbers to be in early 2026.
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03:10

xAI releases Grok 4.1, significantly enhancing emotional and writing abilities.

PANews, November 18 news, according to the official announcement from xAI, the new generation large model Grok 4.1 has been launched, featuring stronger dialogue intelligence, emotional understanding, and practical reality. It is now available for free use through grok.com and the X platform. Grok 4.1 ranks first on the Arena leaderboard with an Elo of 1483, achieves an EQ-Bench emotional intelligence score of 1586, and scores as high as 1722 on the creative writing test, improving by over 600 points compared to its predecessor. The official statement claims that the user preference rate for responses from Grok 4.1 is 65%.
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00:58

Musk: "The claim that xAI has completed a $15 billion financing is not true"

Foresight News reported that Musk commented on CNBC's report of "xAI completing a $15 billion financing," stating, "The claim is false." According to previous reports from Foresight News, CNBC cited sources saying that Musk's artificial intelligence company xAI raised $15 billion in its Series E funding.
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13:44

Morgan Stanley releases Tesla stock analysis: Four factors that long-term catalyze Tesla's valuation and technological leadership

BlockBeats News, November 12th, Morgan Stanley released a stock price analysis for Tesla over the next 6-12 months, stating that besides Elon Musk's $1 trillion compensation plan, several factors will influence Tesla's stock price in the coming year: - xAI Association: Tesla's relationship with Musk's AI startup xAI is crucial both financially and strategically, as they share data and software synergy; - Full Self-Driving (FSD): Musk claims that version 14.3 will allow drivers to "send texts while driving," marking a significant milestone in algorithmic driving; - Chip Manufacturing: Musk hinted that Tesla might build its own chip factory to ensure AI supply and strengthen vertical integration; - AI Network Vision: Tesla could convert idle vehicles into a distributed AI cloud, forming a massive "cluster" intelligent network. Morgan Stanley states
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14:01

Data: Multiple tokens show signs of bottoming out and rebounding.

According to ChainCatcher news and Binance Spot data, the market shows a divergence between bulls and bears, with multiple tokens experiencing a bottom reversal. AVA has risen by 7.39%, C98 by 7.51%, and DASH by 7.42%. At the same time, CHESS has risen by 5.07%, XAI by 5.71%, and ZK by 5.83%. Among the other tokens, LUMIA has risen by 6.25%, SCR by 6.16%, and PENGU by 5.24%.
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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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05:30

XAI (Xai) rose by 13.48% in 24 hours.

Gate News Bot message, on October 15, according to CoinMarketCap data, as of the time of publication, XAI (Xai) is currently at $0.03, with a rise of 13.48% in the last 24 hours, peaking at $0.04 and dipping to $0.01. The current market capitalization is approximately $672,000, an increase of $79,800 from yesterday. Xai is a Layer 3 blockchain gaming platform based on Arbitrum technology, designed to provide infrastructure support for Web3 games. The platform offers a $100 million game development incentive to support innovative game projects landing on the Xai network. Xai has also launched the Vanguard League player alliance, which automatically joins based on in-game achievements and can receive exclusive rewards. Currently, Xai is collaborating with several well-known game developers to create titles including Plane
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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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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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00:51

Gate Daily (August 25): The Federal Reserve (FED) unexpectedly releases a "dovish" signal; Ethereum gaming network sues Musk; Telegram founder criticizes the French government.

Bitcoin (BTC) continued to pull back over the weekend, temporarily reported around $112,700 on August 25. The Federal Reserve Chairman Powell unexpectedly released signals from "various factions," leading investors to believe that a rate cut in September is a done deal, boosting U.S. stocks, bonds, and gold prices. Ethereum gaming network Xai has sued Musk's xAI for trademark infringement. Telegram founder Pavel Durov criticized the French government's investigation into his misconduct for lacking concrete evidence.
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ETH-7.85%
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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01:28

Forbes: Over 370,000 chat records leaked from Musk's Grok

Elon Musk's xAI platform Grok has been exposed for privacy issues, with over 370,000 AI chat records made public, as well as users' uploaded photos and documents. The sharing link can be accessed by search engines, and the chat content is open to the public.
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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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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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