xAI completed its upsized Series E funding round, exceeding the $15 billion targeted round size, and raised $20 billion. Investors participating in the round include Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX and Baron Capital Group, amongst other key partners. Strategic investors in the round include NVIDIA and ... Read more
Elon Musk is very optimismi about AI + robotics leading to an age of extreme abundance. He sees a Star Trek future and not Terminator. The next 3–7 year transition will be very bumpy, potentially causing massive social unrest despite rising prosperity. AI and robotics is a supersonic tsunami that is already accelerating, no off-switch, ... Read more