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Musk's xAI to raise up to $12 billion in debt for AI expansion: Report
Valor Equity Partners, an investment firm whose founder, Antonio Gracias, has close ties to Musk, is in talks with lenders to raise the capital, according to the report. The money would be used to buy a massive supply of advanced Nvidia chips that would be leased to xAI for a new huge data center meant to help train and power its AI chatbot Grok,
The initiative hadn’t been planned to include xAI’s Grok model as recently as March, a former Pentagon employee says.
On Tuesday, major artificial intelligence (AI) chip manufacturers, including Nvidia (NASDAQ:NVDA), Advanced Micro Devices ...
One of the new “companions,” or AI characters for users to interact with, is a sexualized blonde anime bot called “Ani." ...
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Elon Musk announces Baby Grok AI chatbot designed specifically for children's learning needs
SpaceX and Tesla CEO Elon Musk said Baby Grok, a simplified AI chatbot designed for children, is coming next after the recent ...
In a familiar critique of corporate structures, Musk also weighed in on the ideal environment for fostering such long-term, ...
Welcome back to In the Loop, TIME’s new twice-weekly newsletter about the world of AI. If you're reading this in your browser ...
Apple stock is suffering over AI doubts and it might need to turn to an external partner. Elon Musk’s xAI could be the ally ...
Elon Musk has just unveiled “Companions,” a new feature for his AI chatbot, Grok, that allows users to interact with AI ...
It’s unclear whether the new partnership will allow xAI to use vehicle data to train its large language models.
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