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Elon Musk’s OpenAI rival xAI closes in on $6 billion in funding | TechCrunch Minute

Elon Musk has big plans for his AI startup, xAI. TechCrunch recently broke the news that the OpenAI rival is raising $6 billion at a pre-money valuation of $18 billion. You may be wondering: Doesn’t Musk have enough companies already? There’s Tesla, SpaceX, X, Neuralink, The Boring Company … but according to the xAI pitch,…

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Elon Musk has big plans for his AI startup, xAI. TechCrunch recently broke the news that the OpenAI rival is raising $6 billion at a pre-money valuation of $18 billion. You may be wondering: Doesn’t Musk have enough companies already? There’s Tesla, SpaceX, X, Neuralink, The Boring Company … but according to the xAI pitch, Musk’s connection to these other companies is a feature, not a bug.

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3 Comments

3 Comments

  1. @ExopMan

    April 29, 2024 at 11:51 am

    Musk bank-rolled OpenAI…didn’t contribute any IP/ideas

    Reply

  2. @MgMreast

    April 29, 2024 at 2:09 pm

    How Eon just increase the value of Tesla 100+ billion$ in one trip to China?

    Reply

  3. @Anil-gt2kn

    April 29, 2024 at 4:18 pm

    Anthony Ha is a real person or AI? sounded very robotic. red flag after the line…thanks for let me fill in at the end.

    Reply

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