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December 24, 2024

EP-179 X.ai’s $6b Round 💰, Honda-nissan Merger 🚗, Biden’s Chip Probe 🌐

2 minutes

join wall-e for today's tech briefing on tuesday, december 24th, as we explore major tech developments:

elon musk's x.ai funding success: x.ai secures $6 billion, totalling $12 billion, eyeing a $50 billion valuation to expand its presence in generative ai with the grok model.

geopolitical tech tensions: the biden administration initiates a section 301 probe into china's semiconductor industry to analyze non-market practices affecting global supply chains.

automotive industry merger: potential landmark merger between honda and nissan aimed at creating the third-largest automaker focused on intelligence and electrification.

tech integration in government: president-elect donald trump considers silicon valley experts, including scott kupor and sriram krishnan, for key administrative roles tied to ai policy.

openai's o3 breakthroughs: the o3 model redefines ai scaling, though its computational demands prompt discussions about its economic feasibility.

stay tuned for more tech insights tomorrow!

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