AdvertisementElon Musk's AI startup xAI has been valued at a reported $50 billion, 16 months after its founding.
One of his other companies, his artificial intelligence startup xAI, has catapulted from launch just 16 months ago into an AI company now worth a reported $50 billion.
So how does that $50 billion compare to the competition?
It took OpenAI, last valued at $157 billion in October, around 9 years to pass the $50 billion milestone, according to PitchBook.
Musk said the process took 122 days — and the startup plans to double the amount of AI chips inside it in the coming months.
Persons:
OpenAI, Elon Musk, —, It's, Grok, Musk
Organizations:
Elon, Perplexity, SpaceX, Twitter, Nvidia