Elon Musk has rejected reports that his artificial intelligence venture xAI is gearing up for a new fundraising round. A report had suggested that the company is looking at a funding round that could value the company between $170 billion and $200 billion. What Happened: Saudi Arabia’s Public Investment Fund (PIF) was reported to play a crucial role in this …
Read More »Tag Archives: Tesla
Tesla launches new software update with Grok, but it doesnt even interface with the car
Tesla has launched a new software update for its vehicles that includes the anticipated integration of Grok, but it doesnt even interface with the car yet. Earlier this week, CEO Elon Musk said that Tesla would integrate Grok, the large language model developed by his private company, xAI, into its vehicles. Today, Tesla started pushing the update to the fleet, …
Read More »TechCrunch Mobility: Tesla enters its Grok era, and teens come for robotaxis
Welcome back to TechCrunch Mobility, your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! In case you missed my announcement last week, TechCrunch Mobility is moving to the Beehiiv publishing platform. The launch is scheduled for July 18. Beehiiv provides lots of cool features to help me …
Read More »Elon Musk says Tesla Robotaxi is coming to California, but no one other than shareholders believe him
Elon Musk claims that Tesla Robotaxi is coming to California within the next 2 months, pending regulatory approval, but no one other than Tesla shareholders appears to believe him. Tesla has been moving the goalpost on self-driving for years. Moving away from its promise of unsupervised self-driving in all consumer vehicles built since 2016, to now a Robotaxi service in …
Read More »