Friday, January 26, 2024

Sources: Elon Musk's xAI is in talks to raise up to $6B from family offices in the Hong Kong and sovereign wealth funds in the Middle East at a $20B valuation (Financial Times)

Financial Times:
Sources: Elon Musk's xAI is in talks to raise up to $6B from family offices in the Hong Kong and sovereign wealth funds in the Middle East at a $20B valuation  —  Tesla chief targets $20bn valuation in bid to take on OpenAI  —  Elon Musk's xAI is in talks to raise up to $6bn …



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DeepSeek releases V4.1-Flash-1017, an update it says offers "stronger benchmark performance, faster task completion, and shorter outputs" than its predecessor (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg : DeepSeek releases V4.1-Flash-1017, an update it says offers “stronger benchmark performance, faster task comple...