Musk Allies to Raise Up to $12 Billion for xAI Chips
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STORY: From what the Nvidia boss thinks of Chinese bots, to why Elon Musk wants someone to give him $12 billion, this is AI Weekly.:: AI WeeklyNvidia boss Jensen Huang has hailed the quality of China’s AI models:"China is moving incredibly fast because the model layer with DeepSeek and Alibaba Qwen and Moonshot Kimi Kimi,
xAI, the startup led by Elon Musk that raised $6 billion in December, has a new AI model that it claims is better than AI created by DeepSeek and ChatGPT-maker OpenAI. In a live-streamed event on ...
Chinese AI startup DeepSeek quietly launched an updated version of its reasoning model, R1-0528. The release comes after the company’s R1 model triggered a $600 billion drop in Nvidia’s market ...
The decline deepened following the news that Germany's top privacy regulator had officially declared the Chinese AI chatbot DeepSeek "illegal". The regulator invoked the EU's Digital Services Act and warned Apple and Google to remove DeepSeek from their app stores or face consequences, according to Bloomberg.
After more than a week of silence, Elon Musk has finally spoken out about DeepSeek, the Chinese AI startup gaining attention for its low-cost, high-performance AI model.