Elon Musk's xAI Secures $6B, Plans Mega Supercomputer

Elon Musk's AI venture, xAI, has triumphantly raised $6 billion, soaring its valuation to over $40 billion. With backing from 97 investors, including Sequoia and Andreessen Horowitz, xAI is racing to build 'Colossus,' the world's largest supercomputer in Memphis, in just 122 days. The facility aims to house a million GPUs for their Grok chatbot, challenging ChatGPT and Gemini. Meanwhile, Tesla stocks get a boost, proving Musk’s multitasking isn’t just rocket science.