Impressive! OpenAI's 12-day live stream raised 43.7 billion from Musk!
In December 2024, OpenAI held a 12-day live streaming event, showcasing a series of new tools and technologies, such as the o1 reasoning model and the Sora video generation tool. However, the highly anticipated GPT-5 did not make an appearance during the live stream, and Sora's performance also fell short of expectations, overshadowed by Google's similar product, Veo2.
Meanwhile, shortly after OpenAI's live streaming event concluded, Musk's xAI announced the completion of a $6 billion Series C funding round. Combined with the Series B funding in May, its total funding has reached $12 billion, and the company's valuation has surged to $50 billion. A total of 97 investors participated in this round of funding, including A16Z, BlackRock, Saudi Group Holding Company Kingdom Holding, Fidelity, Sequoia Capital, NVIDIA, and AMD.
Musk's funding may be aimed at reserving capital to compete with OpenAI in the field of artificial intelligence, increasing influence to achieve his mission of "understanding the true nature of the universe," and pushing xAI to launch more groundbreaking products.