The negotiations for a $10 billion server deal between Oracle and Musk’s xAI have reportedly failed, according to a report by The Information. The deal was intended to be a significant partnership between the two companies but was ultimately unsuccessful. This news comes as a surprise, given the potential impact such a deal could have … Read more
Elon Musk’s startup xAI and Oracle have decided to end discussions on a potential $10 billion server deal. The two companies were in talks to expand an existing agreement where xAI leased Nvidia artificial intelligence chips to Oracle. However, these negotiations have now come to a halt. Musk’s xAI is now working on a system … Read more
Billionaire Elon Musk’s artificial intelligence startup xAI ORCL has reached a $10 billion server deal with tech giant Oracle, according to a report by The Information. The deal marks the end of negotiations to expand an existing agreement in which xAI leased Nvidia’s AI chips through a cloud provider. Musk’s xAI is now purchasing chips … Read more
has recently surfaced that Elon Musk’s company xAI and tech giant Oracle have decided to call off negotiations regarding a potential server deal. The two companies had been in talks for quite some time, with rumors circulating about a partnership that would have seen xAI utilizing Oracle’s servers for their artificial intelligence projects. The decision … Read more
In an effort to enhance the capabilities of Grok, an AI model developed by Elon Musk’s company xAI, Dell Technologies Inc. has announced a partnership with NVIDIA Corporation to build a Dell AI factory. This factory will play a crucial role in boosting the performance of Grok-1.5V, the first-generation multi-mode model introduced by xAI in … Read more
Elon Musk has been pushing Tesla shareholders to vote on a large stock option package that was previously voided by a Delaware court. This comes after news that Musk diverted a shipment of Nvidia chips from Tesla to his X social media platform, leading several Tesla shareholders to criticize his decision. Some of these shareholders, … Read more
Elon Musk’s xAI company is teaming up with Oracle to build a supercomputer that will support the next version of its artificial intelligence big language model known as “Grok.” The project, which has been dubbed a “Computing Gigafactory,” aims to train and develop the next generation of the Grok AI system. Musk had previously sought … Read more
xAI, Elon Musk’s AI startup, is planning to build a massive supercomputer to enhance its AI chatbot, as reported by Reuters quoting Information. This project, referred to as the Computing Gigafactory, is expected to be completed by the fall of 2025 and may involve a collaboration with Oracle. The supercomputer aims to surpass rival GPU … Read more
Elon Musk’s xAI has entered into a partnership with Oracle to establish a supercomputer to enhance the development of its AI model, Grok. The collaboration aims to create a “Computing Gigafactory” to build a supercomputer that will support the training and evolution of Grok. Elon Musk initially sought $4 billion in funding for xAI at … Read more
Here are some of the most notable stock movers in Thursday’s trading action: Stock gainers: Netflix Inc. shares NFLX, -2.68% rallied 12% after the streaming giant announced a spike in subscribers, and hiked prices on some plans, effective immediately Source link