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Founded Year

2023

Stage

Corporate Minority | Alive

Total Raised

$6.137B

Last Raised

$2M | 3 mos ago

About xAI

xAI focuses on artificial intelligence, specifically in the domain of language learning models. The company's main product, Grok, is designed to answer questions and suggest potential inquiries, functioning as a research assistant that helps users find information online. xAI primarily caters to the AI research community and the general public seeking AI tools for information retrieval and understanding. It was founded in 2023 and is based in Burlingame, California.

Headquarters Location

216 Park Road

Burlingame, California, 94010,

United States

650-342-9600

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Expert Collections containing xAI

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

xAI is included in 3 Expert Collections, including Artificial Intelligence.

A

Artificial Intelligence

14,767 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

G

Generative AI

863 items

Companies working on generative AI applications and infrastructure.

U

Unicorns- Billion Dollar Startups

1,244 items

Latest xAI News

How Elon Musk hopes his new supercomputers will boost his businesses

Sep 21, 2024

Elon Musk is on a mission to build new supercomputers. As the CEO of Tesla and his new artificial intelligence startup xAI, the tech titan has big plans for how artificial intelligence can help to supercharge his businesses. In January, he wrote on X that Tesla should be viewed as an AI/robotics company rather than a car company. Tesla's custom-built supercomputer named Dojo is key to this transformation. Tesla has said it plans to spend $500 million to build the supercomputer in Buffalo, New York. Tesla is also building another supercomputer cluster, called Cortex, at the company's headquarters in Austin, Texas. Dojo will process and train AI models using the large amounts of video and data captured by Tesla cars. The goal is to improve Tesla's suite of driver assistance features, which the company calls Autopilot, and its more robust Full Self-Driving or FSD system. Subscriptions to Tesla's FSD features cost $99 a month and include automatic lane changes, automatic parking and automatic stopping for traffic lights and stop signs. "They've sold what is it, 5 million plus cars. Each one of those cars typically has eight cameras plus in it. And if you think then that those cars are driving around, let's just say 10,000 miles a year on average, they're streaming all of that video back to Tesla," says Steven Dickens, chief technology advisor at the Futurum Group. "So what can they do with that training set? Obviously they can develop Full Self-Driving and they're getting close to that." Despite their names, neither Autopilot nor FSD make Tesla vehicles autonomous and require active driver supervision, as Tesla states on its website . In the past, the company has garnered scrutiny from regulators who say that Tesla falsely advertised the capabilities of its Autopilot and FSD systems. But reaching full autonomy is critical for Tesla, whose sky-high valuation is largely dependent on bringing robotaxis to market, some analysts say . The company reported lackluster results in its latest earnings report and has fallen behind other automakers working on autonomous vehicle technology. These include Alphabet -owned Waymo, which is already commercially operating fully autonomous taxis in several U.S. cities, GM's . Tesla hopes Dojo, which Musk says has been running tasks for Tesla since 2023, will change that. A Tesla robotaxi event originally scheduled for August is now expected to occur in early October. Dojo can also be useful for training Tesla's humanoid robot, Optimus, which the company plans to use in its factories starting next year. Musk has said that Tesla plans to spend $10 billion this year on AI . Musk is also betting on supercomputers to run his new AI venture xAI. Musk launched xAI in 2023 to develop large language models and AI products, like its chatbot Grok, as an alternative to AI tools created by OpenAI, Microsoft . Despite being one of its founders, Elon Musk left OpenAI in 2018 and has since become one of the company's harshest critics. In June, it was announced that xAI would build a supercomputer in Memphis, Tennessee to train Grok. In early September, Musk revealed that a portion of the Memphis supercomputer, called Colossus, was already online. To learn more about Elon Musk's supercomputer plans, watch the video .

xAI Frequently Asked Questions (FAQ)

  • When was xAI founded?

    xAI was founded in 2023.

  • Where is xAI's headquarters?

    xAI's headquarters is located at 216 Park Road, Burlingame.

  • What is xAI's latest funding round?

    xAI's latest funding round is Corporate Minority.

  • How much did xAI raise?

    xAI raised a total of $6.137B.

  • Who are the investors of xAI?

    Investors of xAI include Healwell AI, Fidelity Investments, VY Capital, Ark Ventures, Alwaleed bin Talal and 11 more.

  • Who are xAI's competitors?

    Competitors of xAI include 01.AI and 8 more.

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Compare xAI to Competitors

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OpenAI

OpenAI is an artificial intelligence (AI) research and deployment company. The company's main offerings include generative models, AI safety research, and an Application Programming Interface (API) platform providing access to their latest AI models. OpenAI primarily serves sectors that require advanced AI technology, such as the technology and creative industries. It was founded in 2015 and is based in San Francisco, California.

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Cohere

Cohere operates as a natural language processing (NLP) company. It offers services that enable businesses to integrate artificial intelligence (AI) into products, with capabilities such as generating text for product descriptions, blog posts, and articles, understanding the meaning of text for search and content moderation, and creating summaries of text and documents. It primarily serves the enterprise sector, providing AI solutions that can be customized to suit various use cases, domains, or industries. It was founded in 2019 and is based in Toronto, Canada.

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Inflection

Inflection is an artificial intelligence(AI) studio focused on developing conversational artificial intelligence. The company offers a personal AI named Pi, designed to be supportive and empathetic, providing users with a new class of digital experiences. Inflection primarily serves individuals seeking personal AI interactions. It was founded in 2022 and is based in Palo Alto, California.

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01.AI

01.AI provides open-source AI models and applications that support human productivity. Its offerings include open-source and proprietary language models capable of processing text in multiple languages, with a particular emphasis on English and Chinese. 01.AI primarily serves the technology and platform development sectors with a vision of integrating AI. The company was founded in 2023 and is based in Haidian, China.

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Hugging Face

Hugging Face focuses on advancing artificial intelligence through collaboration in the technology sector. It provides a platform for machine learning professionals to build, share, and collaborate on models, datasets, and applications. The company offers solutions that cater to various modalities, including text, image, video, audio, and 3D, as well as enterprise-grade services for teams requiring advanced AI tooling with enhanced security and support. It was founded in 2016 and is based in Paris, France.

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AI21 Labs

AI21 Labs operates as an artificial intelligence (AI) lab and product company. The company offers a range of AI-powered tools, including a writing companion tool to assist users in rephrasing their writing, and an AI reader that summarizes long documents. It also provides language models for developers to create AI-powered applications. It was founded in 2017 and is based in Tel Aviv-Yafo, Israel.

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