Musk's xAI completed a $6 billion Series C financing, with participation from Nvidia, BlackRock, a16z, and other industry bigwigs

xAI, an artificial intelligence (AI) startup under the Musk Group, recently announced that it has completed a Series C financing of 6 billion US dollars, with investors including A16Z, BlackRock, and other top investment institutions. (Background: Musk's xAI offers 'Grok-2' for free to all X users, three new features in one glance) (Background: Musk's xAI launches the most powerful AI training system 'Colossus' with 100,000 NVIDIA H100 chips integrated). xAI, an AI startup under Tesla founder Musk, officially announced on the 23rd of this week that it has completed a Series C financing of up to 6 billion US dollars (foreign media estimate the valuation to rise to 40 billion US dollars). The main investors, as expected, include A16Z, BlackRock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, Morgan Stanley, and other top investment companies. At the same time, chip giants NVIDIA and AMD will also help xAI expand its infrastructure as strategic investors. xAI achieves significant technological progress. In addition, xAI also stated in the press release that since announcing Series B financing in May 2024, xAI has made significant technological progress, including: Building the super AI computer Colossus: xAI has established a huge hardware advantage through the super AI computer Colossus, which uses 100,000 NVIDIA Hopper GPUs, and has been fully operational within 122 days. At the same time, xAI will double the scale of Colossus through NVIDIA ETH network technology. Grok 2 AI model: It already has advanced reasoning ability. xAI API: Allows developers to access xAI's underlying models programmatically, with functions such as text generation and image processing. Aurora: An image generation model that enhances the understanding, editing, and generation capabilities of multimodal AI. X (Twitter) integrates Grok: Twitter users can interact with Grok on the X platform. Finally, xAI also added that the Grok 3 model is currently under training, and xAI will focus on launching innovative products for consumers and businesses in the future. Related reports: Just a year ago, 1,100 AI experts resisted the development of ChatGPT. Musk's xAI has completed a 6 billion-pound financing and is stepping up training for Grok 2. Musk's xAI announced the open source Grok, with 3.14 billion parameters shocking the industry, directly stating 'OpenAI is a lie'. Meme coin rides on Musk: The same-named xAI model '$Grok' big pump 10 times! Community shouts: Like SHIB before the big pump. Musk's xAI completes a $6 billion Series C financing, with participation from NVIDIA, BlackRock, A16Z, and other industry giants. This article was first published on BlockTempo, the most influential blockchain news media in the dynamic area.