Up
Stephanie Turner
14 subscribers
8 months ago
Subscribe
xAI wants to raise $5 billion at a $45 billion valuation
- Ilon Musk's startup wants to raise $5 billion in investment
- xAI is discussing a $45 billion valuation for its new round
- Both old and new investors can participate
- Among them: Sequoia Capital, Andreessen Horowitz and Vy Capital
- Qatar Investment Authority may also become an investor.
- It was also a major investor in the buyout of social network X.
- The startup is trying to attract strategic investors
- In doing so, they may limit venture capitalists.
- Five months ago, xAI raised $6 billion at a $25 billion valuation.
- In total, the startup xAI was founded by Musk 18 months ago
Gadgets
AI / ML
3
1
0
Comments
Recommended
Arch Town Labs
105 subscribers
8 months ago
Subscribe
Urbint raises $3.5 million strategic round
Urbint, a pioneering AI platform dedicated to identifying and mitigating risks for workers, critical infrastructure, and communities, has secured a strategic investment of $35 million from S2G Ventures. This investment will enable Urbint to further enhance its resilience and storm response capabilities, particularly in the context of the current hurricane season.
Urbint leverages AI and cutting-e
Show more
Gadgets
AI / ML
9
1
0
Pavel Ryzhikh
80 subscribers
8 months ago
Subscribe
Cheating in real life looks like this
The Spectacles AR glasses app shows you how to hit the balls in billiards to hit the hole - just like in a computer game. All you have to do is to calculate the strength of the blow and not to miss the right point (which, of course, also requires skill).
The glasses themselves are still in the prototype stage and only developers can get them by renting them for a year for $1188
Gadgets
AR / VR
11
1
0