Elon Musk’s AI company, xAI, is in talks to raise new funding at a valuation around $40 billion, according to The Wall Street Journal. xAI hopes to raise several billion dollars in the round, adding to the $6 billion in Series B funding that the company raised in May. The rumored valuation would nearly double […]
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OpenAI is reportedly working with TSMC and Broadcom to build an in-house AI chip — and beginning to use AMD chips alongside Nvidia’s to train its AI. Reuters reports that OpenAI has — at least for now — abandoned plans to establish a network of factories for chip manufacturing. Instead, the company will focus on […]
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Apple worked with a Chinese automaker for years to design a battery system for its now-canceled car project. That’s according to Bloomberg, which reports that Apple was collaborating with BYD Co., a Shenzhen-based car company, to develop batteries using lithium iron phosphate (LFP) cells. Apple contributed engineering expertise, specifically in areas like heat management and […]
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