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European regulators question Musk's X platform AI data collection
European data protection regulators are seeking clarification on Elon Musk's X platform's decision to allow user data to be automatically fed into its artificial intelligence startup xAI, a move that has brought new regulatory scrutiny to the social media platform. X platform users discovered on Friday that their posts and interactions with its Grok chatbot had been "automatically selected" for use in a system to "train and fine-tune" xAI. The decision was made without first obtaining explicit consent from users. The setting can only be changed on the desktop version of X platform, so users cannot currently opt out through the mobile app. Source note:…- 911
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Musk's xAI will complete financing as soon as this week and its valuation will reach about $18 billion
Elon Musk's artificial intelligence startup xAI is about to complete its latest round of financing. According to Bloomberg, the valuation of this round of financing has soared to about $18 billion, and heavyweight investors such as Sequoia Capital are becoming potential participants. This round of financing was originally planned to raise $3 billion, but due to the active participation of many investors, the final amount raised is expected to reach $6 billion. People familiar with the matter revealed that Musk's confidants in Sequoia Capital and Future Ventures, as well as other undisclosed investors, have joined the financing battle. Since xAI was founded in July 2023,…- 1.5k
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