Elon Musk’s xAI has raised $6 billion in its latest funding round, pushing its total capital raised to $12 billion at a valuation of $50 billion.Major investors in this funding round include Nvidia, AMD, Andreessen Horowitz, Blackrock, Fidelity, Kingdom Holdings, and Sequoia Capital, among others. Only previous investors who backed Musk’s earlier ventures, such as the Twitter acquisition, could participate. The minimum investment per participant was $77,593, but the identities of most investors remain undisclosed. xAI has already built the Colossus supercomputer, which is powered by 100,000 Nvidia H100 GPUs. In the coming months, it is expected to expand to 200,000 Nvidia GPUs, and eventually, Elon Musk hopes to build a supercomputer with one million GPUs. Is it time to focus your investment on AI ?
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