xAI New Funding Round: After Unveiling ‘Colossus’ AI Supercomputer, Elon Musk’s AI Startup in Talks for New Investment Round To Boost Valuation to USD 40 Billion

Elon Musk's xAI startup is reportedly in talks for another investment round that would increase the company's value at USD 40 billion. The previous round valued xAI to USD 24 billion. This comes after, tech billionaire's artificial intelligence startup built world's largest AI supercomputer called "Colossus" with NVIDIA to train its AI chatbot Grok. The Colossus AI supercomputer featured 1,00,000 NVIDIA Hopper GPUs which is said to double to become 2,00,000 increasing the efficiency. With the latest funding round, the startup will raise several billion dollars and increase its valuation, according to a report by Wall Street Journal (WSJ). Elon Musk’s xAI Builds World’s Largest AI Supercomputer ‘Colossus’ With NVIDIA in 122 Days Featuring 100,000 NVIDIA Hopper GPUs, Will Use It To Train Grok AI Chabot

 xAI in Talks To Raise USD 40 Billion in Latest Funding Round

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