TLDR · BIG TECH & STARTUPS
INSIDE ELON MUSK'S QUEST TO BEAT OPENAI AT ITS OWN GAME
Summary from the TLDR newsletter
Elon Musk started xAI last summer. He poached talent from across the industry in an effort to play catchup with OpenAI. The startup raised at least $11 billion at a valuation of $50 billion in a funding round this month. It is the second most valuable private AI developer behind OpenAI. xAI plans to launch a stand-alone consumer app like ChatGPT as soon as next month.