Public announcements or press releases from xAI and the partnering companies

Elon Musk Plans $5 Billion Investment in AI Startup xAI, Introduces Supercomputer

Jul 25, 2024, 07:36 PM

Elon Musk plans a $5 billion investment in his AI startup, xAI. This significant financial commitment is aimed at advancing AI technology and development. The investment will also involve the introduction of a supercomputer, which is expected to enhance the capabilities of xAI and contribute to the broader AI industry. CityLab Daily reports on the impact of Musk's supercomputer on local communities.