xAI

SpaceX went public this morning at $135 a share, raising $75 billion at a $1.77 trillion valuation. It is the largest IPO in history, more than double Saudi Aramco's $29 billion record from 2019. If the market holds the valuation, it puts Musk on a path to becoming the world’s first trillionaire. Continue Reading →

There are two stories in the news today that caught my attention: 1) News Corp is suing Perplexity.ai for aggregating and surfacing WSJ and NYPost content without permission or payment. 2) xAI launched its API, which reminded me that X changed its terms of services last week, informing users that it can (and most likely will) use any content posted on X (formerly Twitter) to train its AI models. Continue Reading →