TechCrunch recently broke the news that Elon Musk's xAI has raised $6 billion at a pre-money valuation of $18 billion.
The deal hasn't been finalized yet, so numbers could change. But Musk sounds like he's making an ambitious pitch to investors for his 10-month-old startup. The startup is a rival to OpenAI, of which Musk is also a co-founder, and is currently being sued for abandoning its initial promise to focus on the interests of humanity. profit.
You may be wondering: Aren't there enough companies around Musk already? Tesla, SpaceX, X (formerly Twitter), Neuralink, The Boring Company, and more. Perhaps he should spend his time working on his existing business, which has its own struggles.
But in the xAI pitch, Musk's connections to these other companies are a feature, not a bug. xAI could have access to critical training data from across the Empire, and its technology could help Tesla realize its dream of truly self-driving cars and bring the humanoid robot Optimus to its factories.
Of course, Musk's hype doesn't necessarily match reality. But with this exciting new funding, xAI could become an even stronger contender in his AI world. Hit play and leave your thoughts below.