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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The Alan Turing Institute, the UK's flagship AI agency, plans to focus on defense, environment, and health, after staff criticized its leadership in December (Financial Times)

Financial Times : The Alan Turing Institute, the UK's flagship AI agency, plans to focus on defense, environment, and health, after s...