ElonMuskof AI startupsxAAbout to complete itsup to dateOne roundFinancingAccording to Bloomberg, the valuation of this round of financing has soared to about US$18 billion, and heavyweight investors such as Sequoia Capital are emerging as potential participants.
This round of financing was originally planned to raise $3 billion, but due to the active participation of many investors, the final amount raised is expected to reach $6 billion. People familiar with the matter revealed that Musk’s confidants in Sequoia Capital and Future Ventures, as well as other undisclosed investors, have joined this financing battle.
Since its establishment in July 2023, xAI has been attracting much attention. In November last year, the company launchedFirstproduct--Grok Chatbot, which has attracted widespread attention in the market. Recently, xAI has also demonstrated itsup to dateThe multimodal model Grok-1.5Vision developed by the company not only has the ability to process text, but can also process content in various formats such as images, documents and tables, demonstrating its strong technical capabilities.
The success of this round of financing will further enhance xAI's competitiveness in the field of artificial intelligence. Musk recently said that xAI's next-generation Grok model is being trained on 20,000 NVIDIA H100 GPUs, and it is expected that the demand for AI GPUs for Grok3 will increase to 100,000 in the future. This will enable xAI to have more AI computing resources to compete fiercely with competitors such as openAI and Anthropic.