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xAI Raises US$20 Billion to Scale GPU Supercomputers, Grok AI
By MBN Staff - Wed, 01/07/2026 - 13:20
Elon Musk’s xAI raised US$20 billion in an upsized Series E to scale GPU supercomputers and advance Grok AI, amid growing regulatory scrutiny.
https://mexicobusiness.news/tag/llm
More AI, Cloud & Data
Red Hat Acquires Neural Magic, the AI Optimization Startup
By MBN Staff - Thu, 11/14/2024 - 07:35
Red Hat acquires Neural Magic to enhance AI model optimization on mainstream processors, boosting AI stack offerings in hybrid cloud environments

BBVA Partners with OpenAI to Integrate GenAI into Core Markets
By Mariana Allende - Thu, 05/23/2024 - 11:57
BBVA and OpenAI have struck a deal to implement generative AI in the bank’s internal core market processes, aiming to enhance productivity.
LG and Meta Unite to Push XR Technology
By MBN Staff - Thu, 02/29/2024 - 12:24
Companies from LG and Meta discussed crucial aspects for the development of the next generation of extended reality devices.
The Intersection of AI and Ecommerce Payments
By Fernando Mares - Wed, 05/03/2023 - 16:01
AI is becoming a fundamental part of customer service, economic performance and security, reports payment platform Stripe.