Elon Musk’s xAI Raises $6 Billion

Elon Musk’s artificial intelligence company, xAI, said on Sunday that it has raised $6 billion, helping to close the funding gap with OpenAI, Anthropic and other rivals in the red-hot industry. The funds would be used “to take xAI’s first products to market, build advanced infrastructure, and accelerate the research and development of future technologies,”…

Read More

Wayve, an A.I. Start-Up for Autonomous Driving, Raises $1 Billion

Wayve, a London maker of artificial intelligence systems for autonomous vehicles, said on Tuesday that it had raised $1 billion, an eye-popping sum for a European start-up and an illustration of investor optimism about A.I.’s ability to reshape industries. SoftBank, the Japanese conglomerate that backed Uber and other tech companies, was the lead investor, along…

Read More

The Anti-Met Gala Raises Funds for Medical Debt

Twenty-four hours before the Met Gala, a starkly different sort of gala occurred in Brooklyn at the Bell House, a concert venue that sits on a lonesome industrial street near the Gowanus Canal. It was the second annual Debt Gala, which bills itself as a D.I.Y. alternative to the lavish spring benefit in Manhattan, which…

Read More

New Research Raises Concerns About Long Covid in Kids

A large analysis published Wednesday in the journal Pediatrics underscores the toll long Covid can take on children, in some cases leading to neurological, gastrointestinal, cardiovascular and behavioral symptoms in the months after an acute infection. “Long Covid in the U.S., in adults and in kids, is a serious problem,” said Dr. Ziyad Al-Aly, chief…

Read More