Elon Musk's xAI is reportedly trying to raise billions more | TechCrunch
Briefly

Elon Musk's AI venture, xAI, is seeking to raise new funding aiming for a valuation of approximately $40 billion, almost doubling its prior valuation.
Since moving into OpenAI's old headquarters, xAI has launched its first model, Grok, which is used for various functionalities on Musk's social platform, X.
xAI has also announced the availability of an enterprise API and is leveraging 100,000 Nvidia GPUs to train its next generation of AI models.
With recent changes to its privacy policy, X permits third-party access, enabling xAI to utilize data from the platform to enhance its AI models.
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