News Elon Musk's xAI raises $6 billion to build even more powerful AI supercomputers — Nvidia, AMD contribute to funding round

[Admin]

xAI, which is set to build a supercomputer with 200,000 Nvidia GPUs, raises $6 billion.

Elon Musk's xAI raises $6 billion to build even more powerful AI supercomputers — Nvidia, AMD contribute to funding round : Read more

 

[Konomi]

They'd have no problem hitting funding goals if Elon just says he wants to play Crysis. I'm sure everyone would chip in to get him a GPU..

 

[AkroZ]

A valuation of $50 billions when you generate only $100 millions annualy, it's over valued.

 

[Sleepy_Hollowed]

Without considering the scam artist this guy has been shown to be (space x succeeding despite him aside), this is insanity.

AI is a bubble, but his stuff is the worst of all, and even if it’s hardware only, Facebook has been doing custom hardware for at least a decade.

 

[hotaru251]

Kind of glad he is in TX now and won't put all this useless power consumption on the nations grid and can just stress TX's special grid more (sorry texans)

Hope someone can figure out how much money every "ai" company spent whe nthe fade/bubble pops. Wanna see which company ends up biggest lost $.

 

[thisisaname]

Elon Musk spending other people's money not a new thing.

 

[SomeoneElse23]

I simply don't understand the bad feelings people have towards Elon.

Nor how they don't hesitate to say bad things about him every chance they get.

Merry Christmas all.

 

[bit_user]

Kind of glad he is in TX now and won't put all this useless power consumption on the nations grid and can just stress TX's special grid more

So far, Colossus seems to be based in Tennessee:

https://www.tomshardware.com/tech-i...enabling-all-100-000-gpus-to-run-concurrently
​

If he wants to continue scaling, it obviously will need more locations. I've heard electricity can get very expensive, during Texas' summer heat waves, so that might be a reason for him not to build there.

 

[bit_user]

Major investors in this funding round include Nvidia, AMD

It feels a little like extortion to strong-arm your hardware into investing. I'm not saying that's what he did, but you can imagine the conversation:

"Hey guys, I'm looking for investment in my AI venture and sure would appreciate it if you could chip in. That way, maybe I could afford to buy (more) of your hardware (wink, wink)."
​

With his recent surge in political clout, that'd make it all the more complicated for someone to turn him down.

 

[waltc3]

Elon Musk spending other people's money not a new thing.

They all spend other people's money, all of them, without exception. Musk is merely spending a lot less of other people's money than they are...😉 I like that myself, because in tech, like in politics, he who spends the most money frequently loses the race. Quality matters far more than quantity. You have to have a certain quantity to attempt a business, but if the quality isn't there, then fogedaboudit...😉

This whole enchilada seems more like an adolescent e-peen contest every day. A lot of that, I think, is because of the way it's publicized in the general and tech press. It's all so simple-minded these days. It's not about computers that think, reason, and judge, because those computers do not exist and never will. "AI" seems to me to be essentially a new face--a new spin--on search engine tech. It's what the copyright lawyers are hashing out right now, and Google is hoping to avoid with the FTC.

Forget Skynet and complex computers that "become self-aware" one day. That's all investor dope designed to milk the pockets of the unwashed masses. What are the base requirements for becoming an AI investor? Four things strike me as essential:

1) You really enjoyed the Terminator movies and Skynet "makes perfect sense".
2) You see investing in Skynet, "AI," as "getting in on the ground floor of a great investment, like you did with Walmart."
3) You have an adequate amount of disposable income you can safely risk.
4) Greed rolls off of you in waves, and you regard it as an essential food source.

Yes, I know, I'm cynical, but I'll wager I'm not alone...😉

 

[thisisaname]

They all spend other people's money, all of them, without exception. Musk is merely spending a lot less of other people's money than they are...😉 I like that myself, because in tech, like in politics, he who spends the most money frequently loses the race. Quality matters far more than quantity. You have to have a certain quantity to attempt a business, but if the quality isn't there, then fogedaboudit...😉

This whole enchilada seems more like an adolescent e-peen contest every day. A lot of that, I think, is because of the way it's publicized in the general and tech press. It's all so simple-minded these days. It's not about computers that think, reason, and judge, because those computers do not exist and never will. "AI" seems to me to be essentially a new face--a new spin--on search engine tech. It's what the copyright lawyers are hashing out right now, and Google is hoping to avoid with the FTC.

Forget Skynet and complex computers that "become self-aware" one day. That's all investor dope designed to milk the pockets of the unwashed masses. What are the base requirements for becoming an AI investor? Four things strike me as essential:

1) You really enjoyed the Terminator movies and Skynet "makes perfect sense".
2) You see investing in Skynet, "AI," as "getting in on the ground floor of a great investment, like you did with Walmart."
3) You have an adequate amount of disposable income you can safely risk.
4) Greed rolls off of you in waves, and you regard it as an essential food source.

Yes, I know, I'm cynical, but I'll wager I'm not alone...😉

The other side of point 3 is your broke and your putting it all on AI to save you, hight risk high reward strategy.

 

[kep55]

xAI, which is set to build a supercomputer with 200,000 Nvidia GPUs, raises $6 billion.

Elon Musk's xAI raises $6 billion to build even more powerful AI supercomputers — Nvidia, AMD contribute to funding round : Read more

Come one, come all. Get yerself some of Dr Elon's AI Snake Oil. It's guaranteed to answer all your questions, build all your code, and run all business processes. All one of these little bottles will cost you is a measly dollar. Per nanosecond. With little to no direct usability and consistant user interface. Each bottle comes complete with an exclusive no-safety-cap container and a voracious appetite for everything, especially other people's data and electricity.

 

[JRStern]

It feels a little like extortion to strong-arm your hardware into investing.

It's a bit of a con game by NVidia, they "invest" $1B, turn around and use it to buy their own products at retail, pocket the 50% markup, but deduct $1b when calculating gains, if any. Same deal if their "investment" is simply made in product rather than cash.

 

[bit_user]

Musk claims that xAI benefits from data drawn from X.

Doesn't this tell us all we really need to know? So long as his training data is garbage, the GIGO principle applies. Doesn't matter how many GPUs he trains it on.

Maybe he'll figure this out, sooner or later, but I doubt he'll admit it.

 

[SomeoneElse23]

This whole enchilada seems more like an adolescent e-peen contest every day. A lot of that, I think, is because of the way it's publicized in the general and tech press. It's all so simple-minded these days. It's not about computers that think, reason, and judge, because those computers do not exist and never will. "AI" seems to me to be essentially a new face--a new spin--on search engine tech. It's what the copyright lawyers are hashing out right now, and Google is hoping to avoid with the FTC.

I agree with you. AI, as it's currently hyped, is nothing more than Search Engine 2.0.

It's a big improvement over existing search engines, but still terribly unreliable.

And certain not intelligent.

 

[Samduhman]

I simply don't understand the bad feelings people have towards Elon.

Nor how they don't hesitate to say bad things about him every chance they get.

Merry Christmas all.

I've been following this for years. The Millennials are total sheep of the state and legacy/state media. They parrot anything their masters say. Thankfully the old farts like myself and the new generation coming up(teens/early twenties) see through the B.S. of the Marxist/Totalitarians/Communist that have infiltrated our republic and brainwashed our restarted now 30 something adults. I know this for a fact because it has affected my family like a cancer. I have a son who got his jewels cut so he couldn't have kids even though a few years earlier he wanted kids. He got married and 3 year later they are getting divorced. These Zombies all parrot Elon is evil. As little as few years ago they were loving Elon. As soon as he went against the State narrative they turned on him.

Merry Christmas!