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Musk’s xAI shows there’s more money on the sidelines for AI startups


OpenAI has a new deal with the FT, xAI is looking for $6 billion at an $18 billion valuation, and is $330 billion enough for AI startups?

But there was even more to chat about, including the EU handing Apple even more bad news in the form of placing iPadOS under its DMA rules that should force third-party app stores on the tablet line in time. And to close out, the Times has a fascinating look at pace at which venture capitalists are putting money into AI startups. Given the ability of OpenAI to land big deals with Microsoft money, I wonder if it is enough?

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