
xAI, Elon Musk’s AI Venture, Secures $6 Billion in Funding from Top Investors
Elon Musk's artificial intelligence company xAI has secured $6 billion from prominent investors including BlackRock, Nvidia Corp., and AMD.
Elon Musk's artificial intelligence company xAI has secured $6 billion from prominent investors including BlackRock, Nvidia Corp., and AMD.
Nvidia, the renowned American chipmaker and Japanese Softbank Corp have piloted world's first artificial intelligence and 5G telecoms network.
Often regarded as the 'AI Godmother' Chinese-American computer scientist, Fei Fei Li last week raised $230 million for her AI startup World Labs.
AMD has acquired New Jersey-based ZT Systems, a leading provider of AI, cloud, and general-purpose computing, and infrastructure and design expertise.
Nvidia's shares surged by 2.5 percent on Wednesday pushing its market capitalization to $1.83 trillion - beating Google parent Alphabet Inc.
Union Minister Rajeev Chandrasekhar said India is looking to shape global trends and conversations in artificial intelligence.