Category: Valuations
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Elon Musk’s X and xAI startup see valuations jump at Fidelity
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After repeatedly downgrading its investment in Elon Musk’s X, Fidelity last month boosted its estimates for the social media platform. The sources told Axios. October saw a 32.37% jump in X’s valuation, representing the largest monthly increase since Fidelity helped Musk buy Twitter for $44 billion in 2022, the report…
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Silicon Valley billionaire warns ‘absolutely there’s a bubble’ in AI valuations: ‘Nobody would be surprised’ if OpenAI ‘disappeared next Monday’
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Everywhere Tom Siebel, CEO of C3.ai, goes, he asks the same question about the future of artificial intelligence. “Everyone asks me: ‘Is there a bubble here?’ There is definitely a bubble. “It’s huge,” he says. luck In an exclusive interview at C3.ai’s New York offices at Midtown WeWork. Over the…
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Silicon Valley billionaire warns ‘absolutely there’s a bubble’ in AI valuations: ‘Nobody would be surprised’ if OpenAI ‘disappeared next Monday’
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Everywhere Tom Siebel, CEO of C3.ai, goes, he asks the same question about the future of artificial intelligence. “Everyone asks me: ‘Is there a bubble here?’ There is definitely a bubble. “It’s huge,” he says. luck In an exclusive interview at C3.ai’s New York offices at Midtown WeWork. Over the…