Elon Musk's AI company, xAI, has announced an ambitious new project to expand on its existing Colossus supercomputer. xAI reportedly plans to raise up to $25 billion in upcoming funding to support the development of its next-generation supercomputer, Colossus 2. Image caption: Image generated by AI, image licensing provider Midjourney. In a conference call with existing investors, Musk stated that the company will conduct a reasonable valuation.
