Elon Musk's ventures have gained considerable traction in both the political and technological arenas recently. His firm, dubbed
xAI, has successfully raised
$6 billion and is presently valued at
$24 billion. The funding has enabled the firm to pursue the development of a supercomputer leveraging
Nvidia semiconductor chips. This endeavor aims to challenge
OpenAI, another major player in the field. However, Musk's ambitions have led to some challenges, including a backlash against his proposed
$56 billion pay package at
Tesla. Despite some backlash, investors might contribute more into xAI following its success in the recent fundraising round. There's been melodrama as Musk denies discussing crypto with
Donald Trump. Meanwhile, rumors are circulating that the former president Trump is considering Musk for an advisory role if he secures a second term. This has drawn reactions from
Joe Biden's camp, who have criticized both billionaires. In the middle of this, Musk has volunteered to testify in the SEC's Twitter acquisition probe.
Elon Musk News Analytics from Sat, 25 May 2024 15:00:00 GMT to Fri, 31 May 2024 00:39:22 GMT -
Rating 5
- Innovation 8
- Information 5
- Rumor -3
