Thursday Oct 31, 2024

Elon Musk’s xAI Seeks $40B Valuation Amidst AI Race

Elon Musk's xAI startup is in talks to raise funding that could value the company at $40 billion, a significant jump from its previous valuation. Meanwhile, the National Reconnaissance Office partners with three space startups for emerging tech contracts, and Estonia's Modash is redefining influencer marketing by connecting brands with niche creators. Additionally, Aurora Innovation delays its commercial autonomous truck launch to 2025, emphasizing safety and reliability in the autonomous vehicle sector.

Sources:
https://nypost.com/2024/10/30/business/elon-musks-xai-in-talks-to-raise-funding-at-40b-valuation/
https://aviationweek.com/space/satellites/nro-taps-three-space-startups-emerging-tech-contracts
https://techcrunch.com/2024/10/30/modash-is-flipping-the-influencer-marketing-script-by-connecting-brands-with-the-long-tail-of-creators/
https://techcrunch.com/2024/10/30/aurora-innovation-delays-commercial-autonomous-truck-launch-to-2025/

Outline:
(00:00:00) Introduction
(00:00:45) Elon Musk's xAI startup in talks to raise funding at $40B valuation
(00:03:28) NRO Taps Three Space Startups For Emerging Tech Contracts
(00:06:40) Aurora Innovation delays commercial autonomous truck launch to 2025

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