🤯 Elon Musk's xAI Raises $6 Billion

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Hey Waivly Crew! In today’s edition, Elon Musk’s xAI raises $6 billion for its product launch and R&D. Meanwhile, Apple’s iOS 18 may feature AI-generated emojis, adding a personal twist to your texts.

‎‎‏‏‎ ‎Here’s what’s on the horizon today:

• Elon Musk's xAI raises $6 billion in funding

• TikTok creators don't believe a ban is coming

• iOS 18 may bring AI-generated emojis

Let’s dive in!

STORIES MAKING A SPLASH

^_AI
Elon Musk's xAI raises $6 billion in funding

Elon Musk’s xAI, founded last summer, has raised $6 billion to launch its first products, build advanced infrastructure, and accelerate R&D. xAI's chatbot, Grok, available to X Premium subscribers on X, is positioned as an edgier alternative to OpenAI’s ChatGPT.

The funding came from Andreessen Horowitz, Sequoia Capital, and Saudi Arabian Prince Al Waleed bin Talal. Previously, xAI sought to raise up to $1 billion, and recent reports indicated it was aiming for $6 billion, a claim Musk had denied.

Developing AI is costly, with Nvidia's Blackwell B200 AI graphics cards priced at $30,000 to $40,000 each. xAI plans to use 100,000 Nvidia H100 chips for a supercomputer to power an upgraded Grok AI, aiming for a data center launch by fall 2025. The AI race requires substantial investment, with big tech firms heavily funding similar ventures.

^_TECH
TikTok creators don't believe a ban is coming

President Biden's recent bill threatens TikTok's future in the U.S., demanding its China-based parent company to divest. Despite widespread backlash, many influential TikTok creators doubt the ban will materialize.

A survey conducted by Fohr revealed that 62 percent of polled creators with over 10,000 followers don't foresee TikTok's ban by 2025. Conversely, 38 percent believe the ban will occur. Some creators, like one anonymous respondent, refuse to accept the ban as feasible, citing government's bigger priorities.

Although the U.S. government expresses concerns over TikTok's ownership, Fohr's survey indicates minimal impact on creators' work. 83 percent noted unchanged sponsorships, with 60 percent reporting steady viewership and engagement, and 10 percent even experiencing increased engagement.

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^_TECH
iOS 18 may bring AI-generated emojis

iOS 18 may bring more fun to the iPhone experience with AI-generated emojis, reports Bloomberg's Mark Gurman. Apple is developing software to create custom emojis based on user texts, adding to the already extensive emoji library. This feature promises amusing and unique creations, sure to delight users.

Apple is also planning more customization options for apps and the home screen. Users might soon change app icon colors and arrange them freely, moving away from the rigid grid layout. This would be a significant shift for Apple, offering users more creative control over their home screens.

Amidst the buzz about Apple's AI plans, Gurman suggests practical updates over flashy ones at the upcoming WWDC on June 10. Expect enhancements like AI-boosted Safari searches, Siri, photo retouching, voice memo transcriptions, and smart recaps for notifications and web pages.

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EXCLUSIVE WAIVLY+ STORY

^_WAIVLY+
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THE WAVES

^{_{OTHER NEWS}}
More Stories Surfing The Web

📱 The Biden campaign is hiring a meme manager

🤖 Y Combinator CEO believes in AI regulation

‎‎‏‏🙌 Spotify’s founder on the importance of betting on yourself‎ ‎‎

🚗 Feds add 9 more incidents to Waymo Robotaxi investigation

Discover more Waves in the Waivly Community. Click here to get onboard and join the community! 🌊

SAIL INTO A NEW CAREER

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Waivly Work Highlights

👩‍💻 Associate, Ecosystem Growth & BD at Orderly Network

👩‍💻 Sr. Marketing Content Writer at ExtraHop

👩‍💻 Customer Service Agent at Digital Green

👩‍💻 SR Java Development at ília

BACK TO THE SHORE

^{_{THANKS FOR READING}}
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