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Elon's AI venture being touted as part of the "Muskonomy"

Posted on AllSides May 18th, 2024
From The Left

Investing in Elon Musk's xAI is an opportunity to get involved in "the Muskonomy" of ventures fronted by one of the world's wealthiest men. Why it matters: xAI is said to be raising as much as $6 billion to catch up to rivals like OpenAI and Anthropic, and it needs a compelling story for investors. The big picture: xAI's close relationship with X — formerly known as Twitter — is key to its potential success and one aspect of the "Muskonomy," according to the deck prepared by Brookfield late last...

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https://axios.com/2024/05/18/elon-musk-xai-fundraising

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