
Elon Musk-led artificial intelligence (AI) startup xAI disclosed on Thursday that it has raised $6 billion, with nearly 97 investors participating in the fundraising round.
What Happened: xAI's latest fundraise comes at a time when the AI startup is looking to expand the footprint of its Colossus supercomputer tenfold – from its existing cluster of 100,000 Nvidia graphics processing units, or GPUs, xAI intends to increase it to more than a million.