#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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#How Should Startups Escape From Product Death Cycle?

#How Should Startups Escape From Product Death Cycle?

Unlike the software development life cycle, the product death cycle is an important constraint that shouldn’t be overlooked by startups.  Many startups avoid it and fail to grasp good market opportunities along with untapped profits they could make. Frequent analysis of product cycles is essential for startups to sustain good value in the market with…

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