Category: xAI
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Elon Musk’s xAI to Revolutionize Gaming – Why $MIND is the Next Big Crypto Opportunity
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In the world of fast -paced artificial intelligence, Illon Musa XAI set her attention to something really pioneering. The company, known for its innovative approach to artificial intelligence, is looking to increase the capabilities of its AI’s graphics model, GROK, with the aim of creating drawings competing with AAA games.…
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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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Musk’s xAI in talks for share in future Tesla revenue, WSJ reports By Reuters
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(Reuters) – Elon Musk’s artificial intelligence company XAI has held talks about a stake in Tesla’s future revenue in exchange for giving Musk’s electric carmaker access to XAI’s technology and resources, the Wall Street Journal reported on Saturday. Tesla will license xAI’s AI models to help power its full self-driving…
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Musk launches poll asking if Tesla should invest $5 billion in xAI By Reuters
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Cathie Wood’s Ark Investment Management Bets Big On Elon Musk’s AI Venture, XAI
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A picture of the economic era In a move that underscores the growing importance of artificial intelligence (AI) in the global technology landscape, Cathie Wood’s Ark Investment Management has made a major investment in Elon Musk’s artificial intelligence startup, xAI. This strategic acquisition, which represents approximately 2% of Ark’s holdings,…
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Elon Musk’s AI Start-Up xAI Raises $6bn in Funding
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Elon Musk’s artificial intelligence startup, xAI, has raised $6 billion from high-profile investors, including Andreessen Horowitz and Sequoia Capital. This latest round of funding boosts the company’s value to an estimated $24 billion, making it an important player in the AI landscape. The newly acquired funds will be instrumental in…
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Elon Musk plans xAI supercomputer, The Information reports By Reuters
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(Reuters) – U.S. entrepreneur Elon Musk recently told investors that his artificial intelligence startup xAI plans to build a supercomputer to run the next version of its chatbot Grok, The Information newspaper reported on Saturday, citing an investor presentation. Musk said he wants the proposed supercomputer up and running by…