Search results
Results from the WOW.Com Content Network
Elon Musk founded xAI in July 2023 with a 12-person staff. In just under a year and a half, the company has been valued at a reported $50 billion. ... recently set up an AI data center brimming ...
X.AI Corp., [4] [5] doing business as xAI, is an American startup company working in the area of artificial intelligence (AI). Founded by Elon Musk in March 2023, its stated goal is "to understand the true nature of the universe".
The venture is currently building 10 data centers in Abilene, Texas, [11] [7] and will later expand to more states, [3] with Trump saying that he will use executive orders to help build the venture's infrastructure. The new venture claims that it will create more than 100,000 jobs in the United States.
The new entity, Stargate, is already starting to build out data centers and the electricity generation needed for the further development of fast-evolving AI technology. Trump declared it “a resounding declaration of confidence in America’s potential” under his new administration, with an initial private investment of $100 billion that ...
Mr Musk’s new venture also comes as companies including Google, Microsoft, OpenAI and even smaller firms and competitors in other countries like China continue to invest heavily in AI technology.
Elon Musk’s new AI startup could be valued at a higher-than-expected $20 billion in its first funding round, with investor demand surging as the process nears a close, The Post has learned.
A major data center hub for the Asia-Pacific region, [112] Singapore lifted its moratorium on new data center projects in 2022, granting 4 new projects, but rejecting more than 16 data center applications from over 20 new data centers applications received. Singapore's new data centers shall meet very strict green technology criteria including ...
Mr Musk’s new venture also comes as companies including Google, Microsoft, OpenAI and even smaller firms and competitors in other countries like China continue to invest heavily in AI technology.