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kē jì
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Elon Musk
mǎ sī kè
马斯克
possessive particle
de
的
AI
AI
AI
company
gōng sī
公司
raises funding
róng zī
融资
6 billion US dollars
60 yì měi yuán
60亿美元
。

May
5 yuè
5月
,
Elon Musk
mǎ sī kè
马斯克
under
qí xià
旗下
possessive particle
de
的
AI
AI
AI
startup company
chū chuàng gōng sī
初创公司
xAI
xAI
xAI
successfully
chéng gōng
成功
raised funding
róng zī
融资
6 billion US dollars
60 yì měi yuán
60亿美元
,
company
gōng sī
公司
valuation
gū zhí
估值
reached
dá dào
达到
24 billion US dollars
240 yì měi yuán
240亿美元
。

May 27, 2024 at 10:00 AM

2024
2024 nián
2024年
May
5 yuè
5月
,
by
yóu
由
Elon Musk
mǎ sī kè
马斯克
founded
chuàng lì
创立
possessive particle
de
的
AI
AI
AI
startup
chū chuàng gōng sī
初创公司
xAI
xAI
xAI
announced
xuān bù
宣布
completed
wán chéng
完成
particle
le
了
B
B
B
round
lún
轮
financing
róng zī
融资
。
this
cǐ cì
此次
financing
róng zī
融资
amount
jīn é
金额
is
wéi
为
6 billion US dollars
60 yì měi yuán
60亿美元
,
investors
tóu zī
投资
side
fang
方
include
bāo kuò
包括
Silicon Valley
guī gǔ
硅谷
well-known
zhī míng
知名
venture capital
fēng tóu
风投
firms
jī gòu
机构
and
hé
和
Saudi
shā tè
沙特
prince
wáng zǐ
王子
。
financing
róng zī
融资
after
hòu
后
,
xAI
xAI
xAI
possessive particle
de
的
valuation
gū zhí
估值
from
cóng
从
18 billion US dollars
180 yì měi yuán
180亿美元
rose
shàng shēng
上升
to
zhì
至
24 billion US dollars
240 yì měi yuán
240亿美元
。
according to
jù
据
understanding
liǎo jiě
了解
,
xAI
xAI
xAI
is currently
zhèng zài
正在
developing
kāi fā
开发
called
míng wéi
名为
Grok
Grok
Grok
possessive particle
de
的
AI
AI
AI
chat
liáo tiān
聊天
bot
jī qì rén
机器人
,
and
bìng
并
plans
jì huà
计划
to
jiāng
将
it
qí
其
integrate
jí chéng
集成
into
dào
到
X
X
X
platform
píng tái
平台
in
zhōng
中
。

New Words

chuàng lì
创立
founded
róng zī
融资
financing
chū chuàng gōng sī
初创公司
startup
wán chéng
完成
completed
gū zhí
估值
valuation
guī gǔ
硅谷
Silicon Valley
fēng tóu
风投
venture capital
jī gòu
机构
firms
shā tè wáng zǐ
沙特王子
Saudi prince
jí chéng
集成
integrate
liáo tiān jī qì rén
聊天机器人
chatbot
píng tái
平台
platform

News in English

Science & Technology

xAI Raises 6 Billion in Funding

xAI Raises 6 Billion in Funding

In May 2024, xAI, the AI startup founded by Elon Musk, announced the completion of its Series B financing. The financing amount was 6 billion US dollars, with investors including well-known venture capital firms in Silicon Valley and Saudi princes.

After the financing, xAI's valuation rose from 18 billion US dollars to 24 billion US dollars.

According to reports, xAI is currently developing an AI chatbot called Grok and plans to integrate it into the X platform.

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微软
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tuīchū
推出
Work IQ (Microsoft enterprise AI tool)
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Copilot (Microsoft AI assistant)
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enterprise data
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Nous Research (AI research company)
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jiǔ qiān wàn měiyuán
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to raise funding
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Hermes (open-source AI model)
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to advance into / to enter
jìnjūn
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enterprise market
qǐyè shìchǎng
企业市场
。

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qián
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Groq (AI chip startup)
Groq
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engineers
gōngchéngshī
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regarding / over (a matter)
jiù
就
$20 billion USD
200 yì měiyuán
200亿美元
Nvidia (US semiconductor company)
Yīngwěidá
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licensing / authorization
shòuquán
授权
deal / transaction
jiāoyì
交易
to file / to initiate
tíqǐ
提起
a lawsuit / legal action
sùsòng
诉讼
。

Former Groq Engineers Sue Board Over $20 Billion Nvidia Licensing Deal

Qualcomm (US semiconductor company)
Gāotōng
高通
for the first time
shǒucì
首次
to / toward
xiàng
向
Huawei (Chinese tech company)
Huáwéi
华为
to pay / to make a payment
zhīfù
支付
patent royalties / licensing fee
zhuānlì fèi
专利费
,
both parties
shuāngfāng
双方
to sign / to conclude
qiānshǔ
签署
multi-year period
duō nián qī
多年期
agreement / deal
xiéyì
协议
。

Qualcomm Pays Huawei for First Time in Broad Multi-Year Patent Licensing Agreement