xAI Stock

x.ai, doing business as xAI, is a pioneering artificial intelligence company that specializes in developing advanced AI models and tools to enhance productivity in technical and creative fields. Their flagship products include the Grok series, sophisticated AI models with capabilities in reasoning and prompt engineering, and the PromptIDE, a dedicated development environment for crafting complex AI-driven prompts.

Founded: 2023

xAI Website

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xAI Company Overview

Founded with a vision to revolutionize interactions between humans and artificial intelligence, x.ai has emerged as a leader in AI technology, focusing on making powerful tools accessible for a wide range of applications. The company is renowned for its Grok series, an innovative suite of AI models that offer advanced reasoning and extensive context handling capabilities. The most recent iteration, Grok-1.5, boasts enhanced reasoning skills and can handle up to 128,000 tokens, making it an invaluable tool for deep learning and complex problem-solving tasks. Another significant offering from xAI is the PromptIDE, an integrated development environment specifically designed for prompt engineering. This platform allows developers and researchers to write, test, and share complex AI-driven prompts in Python, facilitating cutting-edge research and development in AI interpretability and functionality. This tool reflects x.ai’s commitment to fostering a collaborative community among AI professionals and enthusiasts, providing a robust framework for innovation and exploration. xAI also maintains a commitment to transparency and community engagement, evidenced by their open release of the architecture and weights for Grok-1, a 314 billion parameter Mixture-of-Experts model. This release underscores their dedication to the democratization of AI technology, enabling developers globally to contribute to and expand upon their work. At its core, x.ai strives to push the boundaries of what AI can achieve, guided by a philosophy that blends ambitious technological advancement with practical application. The founders, who bring a mix of expertise in AI research, software development, and entrepreneurship, drive the company with a vision of AI as a transformative force in both professional and creative arenas. This ethos is captured in their innovative products and the robust, supportive community they’ve cultivated around advanced AI development.

Management Team

Elon Musk Founder and Chief Executive Officer
Jared Birchall Chief Financial Officer
Igor Babuschkin Member of Technical Staff
Christian Szegedy Co-Founder
Toby Pohlen Founding Member
Kyle Kosic Founding Engineer

Funding Information

News

Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center

Elon Musk's artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC's David Faber.

Elon Musk’s AI Company Eyes New Funding Round At $40 Billion Valuation, Report Says

The company is currently valued at $24 billion following a $6 billion funding round this spring.

xAI, Elon Musk's AI startup, launches an API | TechCrunch

Elon Musk's AI startup, xAI, has launched an API. But it's a bit barren at the moment.

Elon Musk's xAI expands Colossus, the world's largest AI supercomputer

Colossus, a groundbreaking AI supercomputer with 200,000 Nvidia GPUs, is spearheading artificial intelligence advancements and reshaping the future of computing

Elon Musk's xAI Launches Colossus Training Cluster | PYMNTS.com

Elon Musk’s artificial intelligence startup xAI launched its Colossus 100k H100 training cluster over the weekend. “Colossus is the most powerful AI training system in the world,” Musk said in a post on social platform X. “Moreover, it will double in size to 200k (50k H200s) in a few months.”

xAI releases Grok-2, adds image generation on X | TechCrunch

Elon Musk-owned X launched Grok-2 and Grok-2 mini in beta today with improved reasoning. The new Grok AI model can now generate images on the X social

Elon Musk wants Tesla to invest $5 billion into his newest startup, xAI if shareholders approve

During the Tuesday earnings call, shareholders asked Musk whether Tesla might invest in xAI and integrate xAI's software, named Grok, into its vehicles.

Elon Musk's xAI, Oracle end talks on $10 billion server deal: Report

Elon Musk's xAI and tech giant Oracle have ended talks on a potential $10 billion server deal, per reports.

xAI now hiring for jobs at Memphis supercomputer site

MEMPHIS, Tenn. — xAI, the artificial intelligence company founded by Elon Musk, is hiring locally for several jobs as the company finishes work on its Memphis supercomputer site.

Elon Musk's xAI Using 100,000 NVIDIA H100 GPUs To Train Grok 3 AI Model, Grok 2 To Launch By August

Elon Musk has revealed that the next-gen Grok 3 LLM model has been trained on a whopping 100,000 NVIDIA H100 AI GPUs.

Super Micro, Dell shares jump as Elon Musk calls them suppliers to xAI supercomputer project

"Dell is assembling half of the racks that are going into the supercomputer that xAI is building," Musk said, adding that Super Micro will also be involved.

Musk’s xAI Set to Build Supercomputer to Boost AI Capabilities

Elon Musk’s AI startup, xAI, is planning to construct a supercomputer in Memphis, Tennessee, the Wall Street Journal reported. This initiative aims to enhance the company’s AI capabilities, positioning it to compete with rivals like OpenAI’s ChatGPT, Microsoft (NASDAQ:MSFT), and Alphabet’s (NASDAQ:GOOGL) Google.

Elon Musk’s xAI secures new backing from Andreessen, Lightspeed, Sequoia and Tribe

Billionaire’s artificial intelligence start-up closes in on $6bn funding round as it seeks more financial firepower

Musk's xAI negotiates Oracle cloud server rental: Reports

Shares of Oracle (ORCL) are trading higher on Tuesday following a report hinting at a potential deal with Elon Musk's artificial intelligence venture. According to The Information, Musk's AI startup, xAI, is reportedly engaged in talks with the tech giant to rent cloud servers over a period of years in a deal worth a staggering $10 billion. Yahoo Finance's Josh Lipton and Julie Hyman break down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith