News

Musk Allies to Raise Up to $12 Billion for xAI Chips as Startup Burns Through Cash
XAI is tapping into the booming private-credit market to find the cash it needs to build massive data centers.
Musk's xAI to raise up to $12 billion in debt for AI expansion, WSJ reports
Elon Musk's artificial intelligence startup xAI is working with a financier to secure up to $12 billion more for its ...
The Manila Times on MSN6d
Musk’s xAI to raise up to $12B for AI expansion
ELON Musk’s artificial intelligence (AI) startup xAI is working with a financier to secure up to $12 billion more for its ...
White House to unveil plan to push US AI abroad, crack down on restrictive rules, document shows
Despite the focus on expansion, the plan does mention the importance of "defending against misuse and preparing for future AI ...
NBC Los Angeles23d
Nvidia challenger Groq expands with first European data center
Artificial intelligence semiconductor startup Groq on Monday announced it has established its first data center in Europe as it steps up its international expansion. Stream Los Angeles News for ...
BW Businessworld5d
Netrasemi Raises Rs 107 Cr From Zoho, Unicorn India Ventures To Scale AI Chip Production
Semiconductor startup Netrasemi has raised Rs 107 crore in a Series A funding round led by Zoho Corporation and existing ...