xAI is in talks to raise up to US$6-billion at a proposed valuation of $20-billion, the Financial Times reported on Friday.
Elon Musk’s artificial intelligence start-up, xAI, will be integrated into his social media platform X.
A tough economy has pressured cloud spending by businesses, sending Oracle’s shares down 9%.
Elon Musk said he thinks China is interested in a cooperative international framework on AI.
Elon Musk has launched his long-teased artificial intelligence start-up xAI that he hopes will be an alternative to ChatGPT.