After two years of relatively muted investment activity, it seems that VCs are starting to pour capital into startups at pandemic-era levels once again. But a closer look shows that they aren’t really. In the fourth quarter of last year, investors funneled $74.6 billion into US startups, a substantial increase from the average of $42…
Category: xAI
AI, AI chatbot, Elon Musk, Global IT News, Global Security News, Grok, Twitter, xAI
xAI is testing a standalone iOS app for its Grok chatbot
Elon Musk’s AI company, xAI, is testing out a standalone iOS app for its chatbot, Grok, which was available only to X users until now. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, Elon Musk, generative ai, Global IT News, Global Security News, Grok, grok 3, musk, scaling. laws, xAI
xAI’s next-gen AI model didn’t arrive on time, adding to a trend
The list of flagship AI models that missed their promised launch windows continues to grow. Last summer, billionaire Elon Musk, the founder and CEO of AI company xAI, said that Grok 3, xAI’s next major AI model, would arrive by “end of year” 2024. Grok, xAI’s answer to models like OpenAI’s GPT-4o and Google’s Gemini,…
AI, Elon Musk, Enterprise, Funding, Fundraising, generative ai, Global IT News, Global Security News, startup, Startups, xAI
Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions
Updated December 25, 12:21 p.m. Pacific: Added details of xAI’s valuation and Kingdom Holdings’ contribution. xAI, Elon Musk’s AI company, has raised $6 billion in a Series C financing round. The company announced this week that Andreessen Horowitz , Blackrock, Fidelity, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy Capital, Nvidia,…
AI, Elon Musk, Enterprise, Funding, Fundraising, generative ai, Global IT News, Global Security News, startup, Startups, xAI
Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions
xAI, Elon Musk’s AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Investors gave a minimum of $77,593, per the filing (97 participated, but the document doesn’t reveal their identities). xAI later announced (confirming some earlier reporting) that Andreessen Horowitz , Blackrock, Fidelity, Kingdom Holdings,…
AI, AI chatbot, Elon Musk, Global IT News, Global Security News, Grok, Twitter, xAI
xAI is testing a standalone iOS app for its Grok chatbot
Elon Musk’s AI company, xAI, is testing out a standalone iOS app for its chatbot, Grok, which was available only to X users until now. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, generative ai, Global IT News, Global Security News, Grok, grok-2, Social, X, xAI
X gains a faster Grok model and a new ‘Grok button’
XAI, Elon Musk’s AI company, may be embroiled in an escalating lawsuit with OpenAI. But that’s not stopping it from shipping new products — on a Friday night, no less. This evening, xAI revealed that it has begun to roll out an upgraded version of its flagship Grok 2 chatbot model to all users on…