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4 Articles
Elon Musk's xAI receives billions in support for AI projects - TechCentral.ie
Elon Musk’s artificial intelligence company xAI has secured significant financing of $10 billion (€8.5 billion) through a combination of debt and equity funding. Morgan Stanley confirmed the development on Monday, noting that the arrangement consisted of $5 billion (€4.25 billion) in debt and another $5 billion (€4.25 billion) in funding via a strategic equity transaction. [… The post Elon Musk’s xAI receives billions in support for AI projects …
We have already reported on several times about the xAI data center near Memphis. Here xAI operates one of the largest GPU clusters with 200,000 GPU accelerators.
Elon Musk officially announces the launch of Grok 4 just after July 4, 2025, with revolutionary coding capabilities and a complete overhaul that could upset the artificial intelligence market. Grok 4 represents the culmination of months of intensive development at xAI. This new version promises to correct the defects of its predecessors while introducing new features. The announcement of Elon Musk on X on June 27, 2025 confirms that the team wor…
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