Currently, xAI is focusing resources on building supercomputers to train increasingly advanced AI models, thereby generating profits.
According to information from David Faber - a veteran financial journalist at CNBC, Elon Musk recently held a call with major investors of xAI to seek massive funding of up to tens of billions of USD. Musk explained that this funding round aims to value the company reasonably, but Faber noted that this money could also be used to build the Colossus 2 supercomputer - a system equipped with up to a million GPUs for the development of artificial intelligence.
Faber shares: "Musk claims that they will 'value the company appropriately' when talking about xAI, and many speculate that this funding round will exceed the previous figure of 6 billion USD. According to my sources, the investment could reach up to 25 billion USD, bringing the company's valuation to around 150-200 billion USD. This is still just speculation, but it is the main content discussed after the call."
According to information from David Faber - a veteran financial journalist at CNBC, Elon Musk recently held a call with major investors of xAI to seek massive funding of up to tens of billions of USD. Musk explained that this funding round aims to value the company reasonably, but Faber noted that this money could also be used to build the Colossus 2 supercomputer - a system equipped with up to a million GPUs for the development of artificial intelligence.
Faber shares: "Musk claims that they will 'value the company appropriately' when talking about xAI, and many speculate that this funding round will exceed the previous figure of 6 billion USD. According to my sources, the investment could reach up to 25 billion USD, bringing the company's valuation to around 150-200 billion USD. This is still just speculation, but it is the main content discussed after the call."
