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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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Anthropic Gets A Warning, SpaceX Shares Fall on Fourth Day | Bloomberg Tech 6/17/2026

Bloomberg’s Ed Ludlow discusses US Commerce Secretary’s warning to Anthropic that it needs government permission to grant foreign nationals access to the company’s most advanced AI models. Plus, after three days of soaring, SpaceX shares come back down to Earth and drop for the first time on the company’s fourth trading day. And, Bloomberg reports…

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Bloomberg’s Ed Ludlow discusses US Commerce Secretary’s warning to Anthropic that it needs government permission to grant foreign nationals access to the company’s most advanced AI models. Plus, after three days of soaring, SpaceX shares come back down to Earth and drop for the first time on the company’s fourth trading day. And, Bloomberg reports Apple’s upcoming camera-equipped AirPods will launch in late 2027 as part of a flurry of new releases.

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Orbital Data Centers Face Real Challenges, Says Peridot

Makenzie Lystrup, principal consultant at Peridot Services and former director for the Goddard Space Flight Center, NASA’s primary hub for building and operating scientific satellites, says energy and heat present real challenges for orbital data centers and SpaceX ambitions. She joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on…

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Makenzie Lystrup, principal consultant at Peridot Services and former director for the Goddard Space Flight Center, NASA’s primary hub for building and operating scientific satellites, says energy and heat present real challenges for orbital data centers and SpaceX ambitions. She joins Ed Ludlow on “Bloomberg Tech.”
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