xai

Elon Musk’s xAI moves into OpenAI’s old HQ

San Francisco’s Mission district isn’t known for corporate offices, but it’s now home to two of the world’s most well-funded AI startups. Elon Musk’s artificial intelligence startup, xAI, recently moved into a new office in the Mission: the same building that served as OpenAI’s headquarters for several years, according to the San Francisco Business Times.

Elon Musk’s xAI moves into OpenAI’s old HQ 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 »