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Stories published on May 27
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  • Stories published on May 27

Monday, May 27

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The battle over Elon Musk’s Tesla comp package heats up

electrek.co

The battle over Elon Musk’s compensation package is heating up as a big advisory firm is recommending shareholders vote against it, and Musk fans are resorting to scare tactics.

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Elon Musk's xAI says it raised $6 billion to develop AI

www.cbsnews.com

A group of investors will put up $6 billion to fund development of artificial intelligence by Elon Musk's xAI.

22

Elon Musk’s Startup xAI Raises $6 Billion to Accelerate R&D

www.pymnts.com

Elon Musk’s artificial intelligence (AI) startup xAI has raised $6 billion in a Series B funding round, giving it a pre-money valuation of $18 billion. The company will use the new funding to take its first products to market, build…

Musk raises $6 billion for xAI to challenge OpenAI

thehill.com

Elon Musk’s artificial intelligence company xAI raised $6 billion from a group of investors to fund the expansion of the technology. The company said on its website Sunday that the “Series B funding” is going to go toward bringing the…

Tesla shareholders urged to reject Elon Musk's $56 billion package

www.cbsnews.com

Prominent proxy advisory firm Glass Lewis aired concerns about the "excessive size" of Musk's pay deal.

21

Elon Musk’s xAI Valued at US$24 Billion After New Funding Round

newsghana.com.gh

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/elon-musks-xai-valued-at-24-bln-after-fresh-funding/Elon Musk’s AI startup, xAI, has secured $6 billion in Series B funding, elevating its post…

Nvidia's Jensen Huang praises Elon Musk's efforts at Tesla

Tesla's Full Self-Driving software was praised by Nvidia's Jensen Huang.

20

Tesla Investors Urged to Reject Musk's $56B Pay Deal

www.newser.com

Next month, Tesla shareholders will vote on a pay package for Elon Musk worth around $56 billion—and a firm advising major institutional investors has urged them to reject it. Proxy advisory firm Glass Lewis recommended against approving…

Elon Musk’s xAI raises $6 billion to fund its race against ChatGPT and all the rest

www.theverge.com

Elon Musk founded xAI last summer, and today it announced raising $6 billion in funding, saying it will help bring the startup’s “first products to market, build advanced infrastructure, and accelerate the research and development of…

19

Elon Musk's xAI gets $6B in new funding and announces valuation

www.foxbusiness.com

Elon Musk's artificial intelligence company xAI announced a $6 billion Series B investment round that increases its valuation to $24 billion, according to Musk.

18

Elon Musk’s xAI raises six billion dollars to develop artificial intelligence

www.shropshirestar.com

XAI said it has made ‘significant strides’ during the past year in developing the technology, which will continue in the coming months.

Elon Musk’s xAI raises six billion dollars to develop artificial intelligence

www.expressandstar.com

XAI said it has made ‘significant strides’ during the past year in developing the technology, which will continue in the coming months.

Elon Musk is being mocked by Meta's AI chief over attempts to recruit workers for xAI

Yann LeCun poked fun at Elon Musk and said, "Join xAI if you can stand a boss who: - claims that what you are working on will be solved next year."

Elon Musk's xAI says it has raised $6 billion to develop artificial intelligence

www.clickorlando.com

A group of investors will put up $6 billion to fund development of artificial intelligence by Elon Musk’s xAI.

Elon Musk AI firm secures $6 billion to compete with Google, others

businessday.ng

xAI, Elon Musk’s AI company, has secured a $6 billion investment to improve its capacity to compete with rivals like

Elon Musk's xAI says it has raised $6 billion to develop artificial intelligence

www.startribune.com

A group of investors will put up $6 billion to fund development of artificial intelligence by Elon Musk's xAI.

Elon Musk’s xAI says it has raised $6 billion to develop artificial intelligence

wtop.com

SAN FRANCISCO (AP) — A group of investors will put up $6 billion to fund development of artificial intelligence by…

Elon Musk’s startup xAI raises $6B in new funding round to challenge Grok rival ChatGPT

nypost.com

Musk's xAI solicited investments from venture capital giants such as Andreessen Horowitz and Sequoia Capital.