SpaceX Acquires xAI
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SpaceX Acquires xAI
SpaceX has officially acquired xAI in a deal valued at $1.25 trillion, with SpaceX itself valued at $1 trillion. This merger aims to create a vertically integrated innovation engine that combines AI technology, rockets, and a space-based internet. The combined capabilities are expected to allow for up to 1 million orbital data centers, enhancing AI operations and data processing power. Musk believes this merger is crucial for the future of AI and human exploration, with plans to leverage the merger for rapid satellite deployment and extensive AI compute capacity.
Nvidia, OpenAI, and Oracle's Conflicted Landscape
The tech landscape sees ongoing tensions between Nvidia and OpenAI, as OpenAI seeks alternatives to Nvidia's hardware due to dissatisfaction regarding speed and performance for their models. Meanwhile, Oracle reassured its confidence in OpenAI amidst these conflicts, highlighting the complexities in relationships among top tech players as they navigate the evolving AI market.
OpenAI's New Codex App Launch
OpenAI launched a new Mac OS app for Codex, which is intended as a command center for directing multiple coding agents. Sam Altman noted that the app addresses limitations felt with prior interfaces and aims to enhance productivity for developers. Codex's rapid adoption reflects a significant demand for advanced coding solutions among developers, including major corporations.
Waymo's Major Funding Round
Waymo, Alphabet’s autonomous vehicle unit, raised $16 billion at a new valuation of $126 billion. This funding aims to accelerate their growth in the robotaxi market despite modest ride figures in the past year. Analysts anticipate that this significant financial boost will enable Waymo to scale operations rapidly, potentially making self-driving cars a common sight in the near future.
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