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TechCrunch Minute: Elon Musk's big plans for xAI include raising $6 billion [TechCrunch]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
The deal hasn't closed yet, so the numbers could change. But it sounds like Musk is making an ambitious pitch to investors about his 10-month-old startup — a rival to OpenAI, which he also co-founded and is currently suing for allegedly abandoning its initial commitment to focus on the good of humanity over profit. You may be wondering: Doesn't Musk have enough companies already? There's Tesla, SpaceX, X (formerly Twitter), Neuralink, The Boring Company … maybe he should spend his time on the existing businesses that have struggles of their own But in the xAI pitch, Musk's connection to these other companies is a feature, not a bug. xAI could get access to crucial training data from across his empire — and its technology could, in turn, help Tesla achieve its dream of true self-driving cars and bring its humanoid Optimus robot into factories. Of course, Musk's hype doesn't always match up to reality . But with this impressive new funding, xAI could become an even more formidabl
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