Elon Musk's xAI raises $6 billion

The AI startup xAI raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission (SEC). While the names of investors and the company's valuation are not disclosed, it is known that participants from the previous funding round were given access to the new round. As a result, the total amount of funds raised reached $12 billion.

In November, media outlets reported that the company could be valued at $50 billion, while in October the figure was $40 billion. xAI's ambitions are growing, as is its technical infrastructure.

Technological breakthrough

In September, xAI launched the Colossus artificial intelligence cluster with 100,000 Nvidia H100 graphics processors. The company plans to increase this number to 200,000, and eventually, to a million. This expansion has faced criticism from environmentalists: in August, activists accused xAI of using gas turbines in Memphis, which they claimed worsened the ecological situation.

Conflicts with OpenAI

Elon Musk accuses OpenAI of straying from its original mission to develop AI "for the benefit of humanity." Since March 2024, he has repeatedly filed and withdrawn lawsuits against the company and its leadership, including Sam Altman. In November, the head of Tesla and SpaceX expanded the lawsuit, adding Microsoft and Reid Hoffman, and went to court to prevent OpenAI from transforming into a commercial organization.

Games as a new development vector

In November, the visionary entrepreneur announced the creation of a gaming studio based on xAI to develop new gaming technologies. This project combines the company's technological developments with the gaming industry.