Elon Musk’s AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal, he announced in a post on X Friday. “xAI has acquired X in an all-stock transaction,” Musk said. “The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).” Musk…
Ether’s (ETH) declining appeal as an investment comes from layer-2’s draining value from the main network and a lack of community pushback on excessive token creation, a crypto venture capitalist says. “The #1 cause of this is greedy Eth L2s siphoning value from the L1 and the social consensus that excess token creation was A-OK,”…
Arthur Hayes speaks on stage during Bitcoin Conference 2023 (Photo by Jason Koerner/Getty Images for Bitcoin Magazine) Original Source: Read full article
Bear (mana5280/Unsplash) Original Source: Read full article
This week, OpenAI launched a new image generator in ChatGPT, which quickly went viral for its ability to create Studio Ghibli-style images. Beyond the pastel illustrations, GPT-4o’s native image generator significantly upgrades ChatGPT’s capabilities, improving picture editing, text rendering, and spatial representation. However, one of the most notable changes OpenAI made this week involves its…
Elon Musk’s AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal, he announced in a post on X Friday. “xAI has acquired X in an all-stock transaction,” Musk said. “The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).” Musk…
Market is seeing substantial retrace that has pushed bears to limit
Billionaire investor Elon Musk has sold his social media platform X to his AI startup xAI, sparking controversy as it coincides with a US judge rejecting his bid to dismiss a lawsuit tied to the social media platform. The transfer of ownership of X to xAI on March 28 means that the class-action lawsuit against…
Ether’s (ETH) declining appeal as an investment comes from layer-2’s draining value from the main network and a lack of community pushback on excessive token creation, a crypto venture capitalist says. “The #1 cause of this is greedy Eth L2s siphoning value from the L1 and the social consensus that excess token creation was A-OK,”…
Arthur Hayes speaks on stage during Bitcoin Conference 2023 (Photo by Jason Koerner/Getty Images for Bitcoin Magazine)
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