Monday, May 27, 2024

Elon Musk says all of the $6B in xAI's Series B is new money rather than shares "given" to investors in Musk's takeover of Twitter (Axios)

Axios:
Elon Musk says all of the $6B in xAI's Series B is new money rather than shares “given” to investors in Musk's takeover of Twitter  —  - That said, there's plenty of overlap in the investor list, and it's unclear if the original Twitter/X backers also received additional equity in xAI …



No comments:

Post a Comment

OpenAI says it hit its "automated research intern" goal, its researchers now use 3.1 agent-workdays per human workday, and top users spend $7,000+/day on tokens (OpenAI)

OpenAI : OpenAI says it hit its “automated research intern” goal, its researchers now use 3.1 agent-workdays per human workday, and top u...