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TEXXR

Chronicles

The story behind the story

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Sources: xAI raised $5B at a $45B valuation, almost double its valuation a few months ago; SpaceX prepares a tender offer that would value the company at $250B+

Financial Times :

Financial Times

Discussion

  • @gwestr.bsky.social Greg Wester on bluesky
    Why not $145B?  So he can say he is rich for wasting money on frontier models [embedded post]
  • @levynews Ari Levy on x
    wonder why middle east funds want to give money to elon rn
  • @sawyermerritt Sawyer Merritt on x
    NEWS: xAI is now valued at $50 billion (post money), according to @davidfaber. The company is raising up to $6B to purchase another 100,000 Nvidia chips. https://www.cnbc.com/...
  • r/NVDA_Stock r on reddit
    Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center