Hugging Face is expanding its offerings to include deployment on Google Cloud and Google's Tensor Processing Units, in addition to hosting over 500,000 AI models and 250,000 data sets. Meanwhile, XAI, Elon Musk's AGI endeavor, aims to raise $6 billion, surpassing its initial $1 billion target, with a valuation of $20 billion. This valuation places XAI slightly ahead of other players in the space, raising questions about their proof points and defense for such a valuation. XAI's engagement with family offices in Hong Kong and sovereign wealth funds in the Middle East raises national security concerns, given the geopolitical affiliations. The fundraising is coordinated by Morgan Stanley, adding further layers of complexity and potential implications for XAI's future.
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