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Keywords: XAI
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,"......
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......
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......
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......
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......