Venture Daily

xAI Seeks $1B, Meta + IBM Urge Open Source AI, Early Stage Still Struggling


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Featured Guests: Oliver Libby, co-founder & managing partner, H/L Ventures | Doug Clinton, co-founder & managing partner, Deepwater Asset Management | Vardan Gattani, principal, 645 Ventures | Gené Teare, senior data editor, Crunchbase News

Elon Musk’s newest company xAI is looking to raise $1 billion dollars, Meta and IBM launch an AI Alliance promoting the use of open-source AI models, and November global venture funding numbers continue to disappoint.

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