(Reuters) - C3.ai shares slump 10% in premarket trading on Thursday, after the company forecast a bigger fiscal 2024 operating loss as it ramps up inv.
Elon Musk Says His AI Firm XAI Is Not Raising Funds Right Now usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
(Reuters) - Elon Musk said on Wednesday his artificial intelligence company xAI was not raising funds "right now", a day after the startup filed with .
The company has raised $134.7 million in equity financing from a total offering amount of $1 billion, the filing with the Securities and Exchange Commission showed on Tuesday. Replying to a post on X by Deepwater Asset Management's Gene Munster regarding the financing, Musk said: "We are not raising money right now". Munster's post had said the fundraising meant Musk wanted to compete with OpenAI and Anthropic.
UK announces in-depth probe of Adobe s $20 billion Figma deal inferse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inferse.com Daily Mail and Mail on Sunday newspapers.