Will artificial intelligence (AI) give Microsoft its “iPhone moment?” A recent note by Wedbush Securities’ Dan Ives — the subject of a Seeking Alpha report on Sunday (April 7) — argues that the Redmond, Washington, company is among several tech giants expected to benefit from recent AI investments the next time they report earnings. As the report noted, Microsoft is […]
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Investors tied to Elon Musk are reportedly planning a $3 billion funding round for xAI. This round would value the artificial intelligence (AI) firm at $18 billion, The Wall Street Journal (WSJ) reported Friday (April 5), citing sources familiar with the matter. Sources told WSJ that venture capital company Gigafund and Steve Jurvetson, a prominent Musk backer […]
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