xAI Raises $6 Billion to Bolster AI Capabilities with 100,000 Nvidia GPUs

November 16, 2024 – According to a report published by CNBC yesterday (November 15th), Elon Musk’s AI venture, xAI, is gearing up to raise a fresh round of funding, targeting a valuation of 50billion.Thecompanyintendstoutilizethesefunds,amountingtoamaximumof6 billion, towards the procurement of 100,000 Nvidia GPUs. This significant investment is aimed at establishing the Memphis data center. Reports indicate…

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OpenAI Welcomes Back Co-Founder Greg Brockman

November 13, 2024 – Greg Brockman, the co-founder and former president of OpenAI, has announced his official return to the company through a post on X. “The longest vacation of my life is over, and now it’s time to resume building @OpenAI,” Brockman stated. Brockman’s departure from OpenAI dates back to the days of the…

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