Category: Startups
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Elon Musk Creates New AI Company ‘X AI’ to Rival OpenAI
Billionaire entrepreneur Elon Musk has created ‘X AI’, a new AI company to compete with OpenAI, which he co-founded and donated $100 million to in 2015. Despite previously calling for a pause in AI development, Musk’s involvement in the field and access to resources suggest that ‘X AI’ will be a significant player in the…
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The Tech Unicorn
In the tech industry a unicorn is a privately held startup company valued by investors at over a billion dollars. In 2021 there were over 85 new unicorns created. Following the emergence of the unicorn term, a number of new terms have emerged. Decacorn: These companies are valued at over 10 billion dollars. Super-Unicorn: Super-unicorns…