Nvidia and AMD’s participation in xAI’s funding round means they are directly financing a rival to their major customers.

NVIDIA Corp. invested $1 billion across 50 startup funding rounds and several corporate acquisitions in 2024, intensifying ...

During the week, xAI revealed that Andreessen Horowitz (a16z), Blackrock, Fidelity, Nvidia, AMD, Lightspeed, Morgan Stanley, ...

Elon Musk's xAI, the startup behind the Grok chatbot and Colossus supercomputer, raised $6 billion in a Series C funding ...

AI finished raising $6 billion in new funding and has begun receiving Nvidia GB200 chips. The chips are arriving about a ...

In total, 97 investors were involved in this round of funding, with the minimum investment per participant pegged at $77,593.

Nvidia spent over $1 billion in 2024 on artificial intelligence (AI) investments, cementing its role as both the backbone and ...

Elon Musk's generative AI startup xAI has raised $6 billion in a Series C funding round.

Elon Musks xAI has closed a $6 billion funding round powered by NVIDIA and AMD investments. The funding will scale AI ...

Training AI models and running AI inference demands high-speed processing power, and it creates computational workloads that ...

Nvidia and AMD invest $6 billion in Musks xAI to rival OpenAI Nvidia and AMD join forces to back Musks emerging AI competitor ...

Nvidia's market value soared from $1.2 trillion in 2023 to $3.28 trillion in 2024, by massive demand for its AI-powered GPUs.