OpenAI Snubs Musk's $97.4B Bid, Dell & xAI's $5B AI Server Deal, EU's €20B AI Investment
February 15, 2025 -
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Dell and xAI are nearing a $5 billion deal for AI servers, marking a significant development in the tech industry. Meanwhile, the OpenAI board has rejected Elon Musk's $97.4 billion offer, maintaining its current course. In Europe, the EU is investing €20 billion in AI gigafactories to bolster its technological infrastructure.
Genesis Robotics is seeking $80 million to advance its AI simulation platform, and TigerDC has appointed Mehmet Akcin to its board. Additionally, Anthropic has launched a hybrid AI model with support from Amazon and Alphabet. OpenAI has made adjustments to ChatGPT content warnings, while Meta has halted book licensing for AI training amid legal issues. Lastly, xAI is seeking $10 billion in funding, with a valuation at $75 billion.
Top stories
Dell and xAI Near $5 Billion AI Server Deal
Dell Technologies is reportedly close to finalizing a $5 billion agreement to provide AI servers to Elon Musk's xAI, utilizing Nvidia GB200 chips. This potential deal follows previous collaborations between the companies. Read more
OpenAI Board Rejects Elon Musk's $97.4 Billion Offer
The board of OpenAI has unanimously turned down Elon Musk's $97.4 billion bid to acquire the nonprofit. The board emphasized that OpenAI is not for sale amid ongoing legal disputes with Musk. Read more
EU Invests €20 Billion in AI Gigafactories
The European Commission has committed €20 billion to establish four AI gigafactories, each equipped with at least 100,000 AI chips, as part of the InvestAI program to boost Europe's AI capabilities. Read more
Genesis Robotics Seeks $80 Million for AI Simulation Platform
Theophile Gervet, formerly of Mistral, is raising $80 million for Genesis Robotics, a startup developing an AI simulation platform to train robots in virtual environments. Co-founder Zhou Xian highlights the collaboration with over 20 research labs. Read more
TigerDC Appoints Mehmet Akcin to Board
TigerDC has appointed Mehmet Akcin, Founder & CEO of EdgeUno, to its Board of Directors to enhance AI-ready data centers. Read more
Anthropic Launches Hybrid AI Model with Amazon and Alphabet Support
Anthropic, backed by Amazon and Alphabet, has launched a new hybrid AI model that integrates machine learning with symbolic reasoning. This development aims to improve complex analytical tasks and context understanding. Read more
OpenAI Adjusts ChatGPT Content Warnings
OpenAI has modified its ChatGPT platform by removing certain warning messages to decrease user frustration. This change is intended to provide users with more freedom while still upholding restrictions on harmful content. Read more
Meta Halts Book Licensing for AI Training Amid Legal Issues
Meta has paused its efforts to secure licensing agreements with book publishers for using books as training data for its AI models. This move follows legal challenges and concerns over content rights, as part of broader disputes involving AI companies and copyright holders. Read more
xAI Seeks $10 Billion Funding, Valuation at $75 Billion
Elon Musk's AI company, xAI, is in talks to raise $10 billion, aiming for a valuation of $75 billion. The funds are intended for purchasing servers from Dell for AI development. Read more
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