Elon Musk’s xAI released its Grok large language model as “open source” over the weekend. The billionaire clearly hopes to set his company at odds with rival OpenAI, which despite its name is not particularly open. But does releasing the code for something like Grok actually contribute to the AI development community? Yes and no. […]
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Telegram founder and CEO Pavel Durov said on his channel today that the company secured $330 million in investment through bond sales last week. Durov said that the offering was oversubscribed with favorable terms to the company. “This bond offering was oversubscribed, and we were delighted to have global funds of the highest caliber with […]
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Miami-based Onyx Private, a Y Combinator-backed digital bank that provided banking and investment services for high-earning Millennials and Gen Zers, is terminating its bank operations. In a March 13 email to a customer viewed by TechCrunch, with a subject line that read: “Important Notice: Termination of Bank Operations and Account Closure” Onyx wrote, “We are […]
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