From AI advancements and CrowdStrike’s crash to WordPress drama and which startups VCs have their eyes on next, TechCrunch’s Equity podcast is saying goodbye to 2024 with a look back at the year’s biggest stories in tech. Listen to the full episode to hear hosts Kirsten Korosec, Margaux MacColl, Devin Coldewey and Anthony Ha dig […]
2024: Founder Mode, AI, and the ‘Rise of the Broligarchs’ Read More »
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,
Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions Read More »
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,
Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions Read More »
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. The app, currently live in Australia and a few countries in beta, can access real-time data from the web and X, and offers generative AI features like rewriting text, summarizing
xAI is testing a standalone iOS app for its Grok chatbot Read More »
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
X gains a faster Grok model and a new ‘Grok button’ Read More »
X, the Elon Musk-owned social network previously known as Twitter, quietly added a new image generator to its Grok assistant this past Saturday. Then, it removed it. Now, it’s bringing it back — and officially announcing it. The image generator, called Aurora, was developed by Musk’s AI company, xAI, and trained on billions of examples from the
X says its new image generator, Aurora, will launch for all users within the week Read More »
X, the Elon Musk-owned social network previously known as Twitter, has added a new image generator to its Grok assistant. So this new @grok image generation called Aurora just shipped on a Saturday, what do we think folks? Looks like trained by them, no evals or details, just, here you go, use the thing. Seems
Elon Musk’s X gains a new image generator, Aurora Read More »
X users no longer need to pay for X Premium to use the service’s AI chatbot, Grok. Instead, X is allowing users 10 free prompts every 2 hours. This was reported by The Verge, citing X users who noticed the update. X first began trialing a free version of Grok in certain countries like New
Grok is now free for all X users Read More »
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. The new cash brings xAI’s total raised to $12 billion, adding to the $6 billion
Elon Musk’s xAI lands billions in new cash to fuel AI ambitions Read More »
Fidelity marked up the value of its holdings in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to a report in Axios. Even with this markup, Fidelity still values the company at 72 percent less than the $44 billion that Musk purchased it for in 2022. Axios reports that this move is probably
Fidelity reportedly marked up its X stake by 32 percent Read More »
