AI Competition Heats Up as xAI Closes Biggest Series B of All Time
The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis
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Intro
This chapter delves into XAI's impressive $6 billion Series B funding, boosting its valuation to $24 billion. It highlights advancements in AI technology, particularly the Grok chatbot and the ambitious 'Gigafactory of Compute,' while also exploring competitive dynamics in the AI industry.
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