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Keywords: XAI


Elon Musk's xAI acquires X, signaling a transformative merger

In a landmark move, Elon Musk has announced that xAI has fully acquired the social media platform X in an all-stock transaction. This acquisition values xAI at $80 billion and X at $33 billion, indicating a robust market reception. Musk emphasized that the future of both platforms is "closely linked,"......

Silicon Valley Showdown: Elon Musk vs. Sam Altman over OpenAI

Elon Musk and Sam Altman, two of Silicon Valley’s most influential figures, are locked in a public battle over the future of OpenAI, the company behind ChatGPT. The dispute revolves around OpenAI’s shift from a nonprofit research entity to a for-profit model, a transition Musk vehemently......

Musk's takeover bid for OpenAI rejected by Altman

Elon Musk has spearheaded an investment group proposing a $97.4 billion acquisition of the nonprofit overseeing OpenAI, escalating his ongoing conflict with the ChatGPT developer. The offer was disclosed in a recent report. Attorney Marc Toberoff, representing Musk, submitted the bid to OpenAI's......

xAI's $6 Billion Raise and Elon Musk's AI Ambitions

Elon Musk’s artificial intelligence venture, xAI, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission. This brings the total funding raised by the company to $12 billion, after an earlier round earlier this year. The funding came from 97 investors, each......

Elon Musk Sets Sights on AI Supremacy with Titanic Supercomputer

Behind the scenes of the frenzied race toward artificial intelligence, Elon Musk is gearing up for a monumental offensive. According to information relayed by The Information, the visionary billionaire has unveiled an ambitious plan in a recent exchange with investors: to build an unprecedented supercomputer......