A up to date document has alleged that chip massive Nvidia is in talks with Elon Musk a couple of attainable funding in xAI. The alleged funding used to be reported to begin with by way of the New York Publish, which cited a supply reportedly conversant in the topic.
Elon Musk’s synthetic intelligence startup is at the back of Grok, a big language fashion (LLM) this is these days deployed on social media platform X. Whilst Grok got here to marketplace later than competition like OpenAI’s ChatGPT, its expansion and construction had been very fast.
Whilst Nvidia reportedly declined to remark about its alleged funding in xAI, its CEO, Jensen Huang, has been lovely supportive of Musk’s synthetic intelligence startup. In an interview in October, Huang famous that the xAI workforce arrange a supercomputer cluster that includes 100,000 H200 Blackwell GPUs in simply 19 days.
Nvidia in talks with Elon Musk over making an investment in xAI, in step with NYP %.twitter.com/yk46J4gM4Y— Dima Zeniuk (@DimaZeniuk) November 2, 2024
As consistent with Huang, any such mission would ordinarily take as much as 4 years from its thought segment to its ultimate output. “So far as I do know, there’s just one individual on this planet who may just do this; Elon is singular in his figuring out of engineering and building and big techniques and marshaling sources; it’s simply fantastic,” Huang famous.
Stories about investments in xAI had been abounding. In October, a document from The Wall Boulevard Magazine claimed that Musk’s synthetic intelligence startup used to be in talks with some traders about elevating a number of billion bucks at a valuation of about $40 billion. A document from The Data additionally famous that Musk’s synthetic intelligence startup has mentioned elevating $5 billion from traders at a valuation of about $45 billion.
In its document, The Data famous that xAI’s funding spherical would contain companies similar to Sequoia Capital, Andreessen Horowitz, and Vy Capital. Valor Fairness Companions is reportedly returning to put money into the factitious intelligence startup as smartly, the newsletter claimed.
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Elon Musk in talks with Nvidia over xAI funding: document
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:max_bytes(150000):strip_icc()/NVDAChart-fc23d52f7dff4e03a1de303e7ccc69d8.GIF "Nvidia Inventory Value Ranges to Watch as Profits Record Looms")
