Musk’s artificial intelligence company xAI has received a US$500 million investment commitment

On January 20th, xAI, an artificial intelligence company under Musk, has received a commitment of $500 million in investment to achieve its $1 billion funding goal.

Musk Xai

Comments

All Comments

Recommended for you

Cointime精选 ·

The Economics of Ethereum vs Solana: A Network Comparison

A data-driven deep dive on the leading smart contract networks
Cointime精选 ·

Aggregation & atomization: dependency funding round dynamics

The term “public goods” has been diluted - “dependency” might be better. Round-based funding mechanisms incentivize atomization - how can we avoid this? Thanks to Carl, Cheeky, Jonas, and Tim for review and comments. Cover image from the NOAA page on corals - “most corals are made up of hundreds to hundreds of thousands of individual coral polyps.”
Cointime精选 ·

The Concept of Nouns

Making sense of Nounish-ness
Cointime精选 ·

State of Solana Q3 2024

Solana (SOL) is an integrated, open-source blockchain with the goal of synchronizing global information at the speed of light. Solana optimizes for latency and throughput, sacrificing some verifiability. It seeks to accomplish this through features such as its novel timestamp mechanism called Proof-of-History (PoH), block propagation protocol Turbine, and parallel transaction processing.
Chainlink ·

The Trust Dilemma: Overcoming LLM Hallucinations in Financial Services

In recent years, large language models (LLMs) have become synonymous with artificial intelligence (AI), spurring massive investment and interest. However, the impressive capabilities afforded by LLMs are offset by a severe caveat — the tendency to ‘hallucinate’ or generate false and misleading information.
Cointime精选 ·

CZ Breaks Silence: Binance Former CEO Returns After 4 Months Behind Bars

Changpeng Zhao, the former CEO of Binance, the world’s largest cryptocurrency exchange by trading volume, made his anticipated return to the public eye at the Binance Blockchain Week in Dubai on Wednesday. This appearance marks his first since serving four months in prison, which has reshaped his outlook on life and leadership.
NFTScan ·

NFTScan Site: Elevate Your NFT Project with Premium Blue Checkmark Verification and Powerful Project Management Capabilities

This platform has facilitated enhanced visibility and exposure for numerous projects, positioning them for greater success within the competitive NFT landscape.
PermaDAO ·

Examining Llama Land Through $GOAT's Meteoric Rise: Leveraging the AI Agent Surge

$GOAT’s meteoric rise has catalyzed the AI meme sector, fueled by social marketing from Truth Terminal and broad community involvement.
A whale liquidated WBTC positions built in the past 10 months 6 hours ago, with a cumulative profit of 14.26 million US dollars

According to AI aunt's monitoring, the giant whale 0x3c9...8f757 cleared the WBTC built up over the past 10 months six hours ago, with a total profit of about $14.26 million.Starting from October last year, he withdrew 618 WBTC in batches from Binance, with an average price of only $39,899; and gradually reduced his position after BTC reached a new historical high, with an average selling price of $62,921, selling tokens worth a total of $38.89 million.
Asset Management Firm Franklin Templeton Files S-1 for New Crypto Index ETF

On August 17th, Franklin Templeton, an asset management company, is seeking to launch a new exchange-traded fund (ETF) that aims to be a one-stop-shop cryptocurrency investment portfolio, according to a document dated August 16th. The document states that the Franklin Crypto Index ETF will track the performance of the CF Benchmarks Digital Asset Index, which currently only includes Bitcoin and Ethereum. The document states that "the fund will achieve its investment objective by investing in digital assets with weights that are roughly similar to those of the underlying index," and that the ETF may hold other types of cryptocurrencies in the future.