Elon Musk builds xAI, world's largest AI computing system in just 16 months, sparks anxiety among rivals like OpenAI; here's how he did it
Key Milestones in xAI’s Rapid Growth
Valuation Milestone: xAI reached a valuation of $50 billion in just 16 months, compared to OpenAI, which took over nine years to hit the same milestone.
Funding Success: The company raised $5 billion in its latest funding round, supported by Valor Equity Partners, Sequoia Capital, Andreessen Horowitz, and the Qatar Investment Authority.
Infrastructure Development: Acquired 100,000 Nvidia chips to power its Memphis supercomputer, enabling rapid AI advancements and supporting Tesla’s Full Self-Driving (FSD) technology.
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