#Elon Musk’s xAI lands B in new cash to fuel AI ambitions

#Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions

Updated December 25, 12:21 p.m. Pacific: Added details of xAI’s valuation and Kingdom Holdings’ contribution. xAI, Elon Musk’s AI company, has raised $6 billion in a Series C financing round. The company announced this week that Andreessen Horowitz , Blackrock, Fidelity, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy Capital, Nvidia,…

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#Perplexity mulls getting into hardware

#Perplexity mulls getting into hardware

Perplexity, the AI-powered search engine, wants to get into hardware — kinda sorta. Aravind Srinivas, Perplexity’s founder and CEO, posted on X yesterday that he was considering making a “simple, under $50” device to “reliably answer” questions “voice to voice.” He promised that Perplexity would “definitely” sell such a device if the post got more…

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#Socket lands a fresh M to scan software for security flaws

#Socket lands a fresh $40M to scan software for security flaws

The software supply chain, which comprises the components and processes used to develop software, has become precarious. According to one recent survey, 88% of companies believe poor software supply chain security presents an “enterprise-wide risk” to their organizations. Open source supply chain components are especially fraught, thanks to the logistical hurdles in keeping each component well-maintained….

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