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"Elon Musk's xAI is raising a significant amount of capital to further develop its artificial intelligence technology, with a focus on improving Tesla's Full Self Driving capabilities. The funding is expected to come from a combination of sovereign funds in the Middle East and other investors. The acquisition of 100,000 Nvidia chips is expected to have a measurable impact on the development of xAI's technology."
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"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq82wpnq993qplxz5rgvt9p3jradl33tpk3sduun3amu5eznccvt7q27mumq\nhttps://image.cnbcfm.com/api/v1/image/108062338-1731514175319-gettyimages-2183887507-US-POLITICS-CONGRESS-TRUMP.jpeg?v=1731681610\u0026w=1920\u0026h=1080\nElon Musk's artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC's David Faber.\nhttps://www.cnbc.com/2024/11/15/elon-musks-xai-raising-up-to-6-billion-to-purchase-100000-nvidia-chips-for-memphis-data-center.html",
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