… Elon Musk merged his AI company xAI — which had previously acquired his social media platform X formerly Twitter — with his rocket and satellite company SpaceX in February before announcing that he’d take the combined company public this year. …
… Topics AI , Elon Musk , OpenAI When you purchase through links in our articles, we may earn a small commission . …
… Other verticals don’t have the same traction, especially after Musk’s takeover of Twitter gave rise to an ecosystem of competitors, which now includes Meta’s creator-focused Threads. …
… Outsized raises for newly minted startups have become more common in recent years. But those hundred-million-plus seed rounds have generally been reserved for buzzy defense tech startups or AI companies founded by former OpenAI or Anthropic employees. …
… And it’s part of a wave of startups all chasing AI search, which has quietly become one of the most attractive targets in consumer AI. …
… While the firm has traditionally backed companies at the Series A stage, Benchmark has recently given itself more flexibility to invest in companies at other early stages of development. …
… For many companies, cash may be too precious to commit it to the permanent overhead of larger salaries. Equity compensation doesn’t cost them cash out of pocket immediately. …
… To date, Blacksky’s focus has been on building tools to provide a safer online space for members of the Black Twitter community to move to — an effort that has so far included forking Bluesky, building custom moderation services, creating its own implementation of the AT Protocol, and other technic… …
… There’s been a lot of reporting about how Anthropic’s been looking for more compute … and it seems like an escape valve for them to be able to strike this deal and get access to all this compute. …