Elon Musk’s xAI Raises $10 bn to Power AI Ambitions
The investment includes $5 billion in equity and $5 billion in loans.
AI Startups
OpenAI Says No Plans to Use Google’s AI Chips at Scale Amid Testing Phase
Earlier this month, it was reported that OpenAI has struck a deal with Google Cloud to meet its rising computing demands.
Middleware Launches Ops AI: An AI Co-Pilot to Detect and Fix Code Errors Automatically
Built atop Middleware’s trusted APM platform, it analyses data from logs, traces, and metrics to pinpoint issues with precision.
Launch Unveils AI Platform to Build Apps in Under 15 Minutes
Launch delivers production-ready applications with live databases, payment integrations, user authentication, API connections, and seamless GitHub connectivity from day one.
Apple Top Exec Considers Buying Perplexity
Perplexity’s price tag would dwarf Apple’s $3 billion Beats deal from 2014.
Musk’s xAI Accused of Polluting Without Permits While Chasing Billions
xAI is reportedly finalising a $4.3 billion equity funding round
Darwix AI Raises $1.5 mn to Expand Its Omnichannel Gen AI Platform for Enterprise Sales
The startup claims its generative AI stack is already powering customer interactions for large enterprises across the U.S., India, and the Middle East.