xAI is considering partnering with Oracle, a company co-founded by Musk's friend Larry Ellison, to build the supercomputer and may spend $10 billion to rent its cloud servers in the coming years. Despite the ambitious plans, the company's current product is a chatbot named Grok. Musk is seeking to expand the company and is hiring for several roles in San Francisco and London.
Key takeaways:
- xAI, a company in which Elon Musk has invested, has raised $6 billion in a new funding round and is now valued at $24 billion.
- Musk plans to build a supercomputer for xAI, powered by a large cluster of Nvidia's H100 GPUs, which he claims will be four times larger than Meta's.
- xAI is considering partnering with Oracle, a company co-founded by Musk's friend Larry Ellison, to build the supercomputer and may spend $10 billion to rent its cloud servers in the future.
- Despite the ambitious plans, xAI's expansion is still in its early stages, with the company currently hiring for several roles in San Francisco and London.