Topic: ai development costs

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  • Elon Musk’s xAI Aims for $4.3B Funding Round
    June 17, 2025
    80%

    Elon Musk’s xAI Aims for $4.3B Funding Round

    Elon Musk's xAI is seeking $4.3 billion in new funding, following a $6 billion raise in December, signaling rapid expansion and high operational costs. The funding is separate from $5 billion in debt financing for xAI and X, underscoring the significant financial demands of cutting-edge AI develo...

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  • AI That Terrified Leaders Heads to Retirement
    April 30, 2025
    75%

    AI That Terrified Leaders Heads to Retirement

    OpenAI will phase out GPT-4 from ChatGPT by April 30, 2025, replacing it with GPT-4o as the default model, ending a significant era in AI development. GPT-4, known for its advanced reasoning and human-like text generation, will remain accessible via OpenAI’s API for developers, preserving its use...

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