xai

Elon Musk says Tesla has ‘no need’ to license xAI models

Elon Musk has denied a report that one of his companies, Tesla, has discussed sharing revenue with another of his companies, xAI, so that it can use the startup’s AI models. The Wall Street Journal wrote yesterday that under a proposed agreement described to investors, Tesla would use xAI models in its driver-assistance software (known […]

Elon Musk says Tesla has ‘no need’ to license xAI models Read More »

X launches underwhelming Grok-powered ‘More About This Account’ feature

Since launching xAI last year, Elon Musk has been using X as a sandbox to test some of the Grok model’s AI capabilities. Beyond the basic chatbot, X uses the model to summarize news and trending events. Now, the platform has launched a new feature called “More About This Account” to provide a few AI-powered

X launches underwhelming Grok-powered ‘More About This Account’ feature Read More »

VCs are selling shares of hot AI companies like Anthropic and xAI to small investors in a wild SPV market

VCs are clamoring to invest in hot AI companies, willing to pay exorbitant share prices for coveted spots on their cap tables. Even so, most aren’t able to get into such deals at all. Yet, small, unknown investors, including family offices and high-net-worth individuals, have found their own way to get shares of the hottest

VCs are selling shares of hot AI companies like Anthropic and xAI to small investors in a wild SPV market Read More »

TechCrunch Minute: Elon Musk’s big plans for xAI include raising $6 billion

TechCrunch recently broke the news that Elon Musk’s xAI is raising $6 billion at a pre-money valuation of $18 billion. The deal hasn’t closed yet, so the numbers could change. But it sounds like Musk is making an ambitious pitch to investors about his 10-month-old startup — a rival to OpenAI, which he also co-founded

TechCrunch Minute: Elon Musk’s big plans for xAI include raising $6 billion Read More »