Elon Musk’s xAI Raises $500 Million in Funding Towards $1 Billion Goal

Elon Musk’s xAI Raises $500 Million in Funding Towards $1 Billion Goal

Business

Elon Musk’s artificial intelligence company, xAI, has raised $500 million in funding towards its $1 billion goal, with a target valuation of $15 billion to $20 billion. The company’s chatbot, Grok, uses social media posts on X (formerly Twitter) as a source of data, enabling it to provide more up-to-date answers. Investors in xAI are also likely to overlap with those who backed Musk’s takeover of Twitter. Equity investors in X are invited to invest at least 25% of their initial investment into xAI. Some parties are also considering obtaining computing power instead of or in addition to xAI equity shares.

The Year of Zuckerberg: Why Mark Zuckerberg Outshined Elon Musk in 2023

The Year of Zuckerberg: Why Mark Zuckerberg Outshined Elon Musk in 2023

Technology

In 2023, Mark Zuckerberg surpassed Elon Musk in achievements and avoiding controversies. While Musk’s attempts to transform Twitter failed, Zuck’s Meta saw unprecedented success. Additionally, Zuck’s corporate strategy effectively turned Meta’s fate around, while Musk faced challenges with his car company and reputation. As the future looms, both billionaires have ambitious plans, yet only time will reveal their outcomes.

Grok: Elon Musk’s Chatbot Rival to OpenAI Now Available

Grok: Elon Musk’s Chatbot Rival to OpenAI Now Available

Business

Elon Musk’s rival to OpenAI’s ChatGPT, the Grok chatbot, is now available to the public. Grok, designed to be the antithesis of ChatGPT, has a rebellious and sarcastic personality. Users can access Grok by subscribing to X Premium+ and choose between the “Regular Mode” and “Fun Mode” versions. Elon Musk is invested in making Grok a success and xAI has raised significant funding for further development.

Space Colonization: Bezos vs. Musk

Space Colonization: Bezos vs. Musk

Business

Jeff Bezos and Elon Musk have contrasting visions for the future of space colonization. Bezos believes that massive space stations resembling cylindrical colonies are necessary, while Musk is focused on colonizing Mars. Despite their differences, both billionaires share the belief that space colonization is crucial for the survival and preservation of humanity.

Alex Jones Returns to X, Thanks to Elon Musk’s Poll

Alex Jones Returns to X, Thanks to Elon Musk’s Poll

Technology

Conspiracy theorist Alex Jones makes a controversial return to the social media platform X after Elon Musk conducts a poll, resulting in over 70 percent of users voting for Jones’ reinstatement. This comes after Musk’s initial opposition to Jones’ return due to his promotion of conspiracy theories surrounding the Sandy Hook tragedy. Jones wasted no time in returning, engaging in a three-hour interview on X alongside other right-wing figures. Prior to being banned, Jones faced multiple deplatforming efforts on various social media sites.

OpenAI’s Corporate Drama: The Saga, the CEO, and the AI Talent Wars

OpenAI’s Corporate Drama: The Saga, the CEO, and the AI Talent Wars

Business

The recent drama at OpenAI, involving the firing and subsequent reinstatement of CEO Sam Altman, along with chief scientist Ilya Sutskever being caught in the middle, has captivated the AI community. Elon Musk has weighed in on the situation, suggesting that Sutskever should join Tesla or his AI startup, xAI. The implications of Sutskever leaving OpenAI would be significant in the ongoing talent wars in the AI industry. The reasons behind Altman’s firing have not been disclosed, but Musk believes that the public deserves to know. The situation continues to unfold, and its impact on OpenAI and the AI field remains uncertain.

Elon Musk Targets Paris Hilton After Advertisers Abandon Truth Social

Elon Musk Targets Paris Hilton After Advertisers Abandon Truth Social

Technology

Elon Musk continues to face backlash as advertisers abandon Truth Social. His recent confrontation with Paris Hilton demonstrates his willingness to make enemies. While Hilton aims to bring joy to kitchens, Musk follows a different approach. As brands continue to distance themselves, the future of Truth Social is uncertain.

Bill Ackman Defends Elon Musk and Criticizes Advertisers Treating X Unfairly

Bill Ackman Defends Elon Musk and Criticizes Advertisers Treating X Unfairly

Business

Hedge fund manager Bill Ackman defends Elon Musk and criticizes unfair treatment of X by advertisers. Ackman argues that Musk’s recent interview was successful and rejects allegations of antisemitism. He highlights inconsistency in how X is treated compared to other platforms with similar content and calls for fairness. Ackman mentions the potential impact on X’s ad revenue due to advertiser withdrawals. He cites statistics showcasing a significant increase in antisemitic content on X and acknowledges Musk’s lawsuit against the Center for Countering Digital Hate for deterring advertisers. Ackman suggests that Americans be grateful for Musk’s ownership of X.

Federal Regulators Urged to Investigate Elon Musk’s Neuralink for Concealing Animal Deaths

Federal Regulators Urged to Investigate Elon Musk’s Neuralink for Concealing Animal Deaths

Technology

Four US lawmakers are urging federal regulators to investigate Elon Musk’s Neuralink for allegedly concealing the deaths of monkeys used in experiments. The lawmakers claim that Musk made false statements about the deaths, and they are calling on the Securities and Exchange Commission (SEC) to determine whether he violated securities fraud rules. This is not the first time Musk has been accused of misleading investors, and the lawmakers argue that the animal deaths are material information that could impact Neuralink’s marketability.