Musk’s latest innovation, xAI, reveals untapped potential for funding AI startups.

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1. OpenAI has a new deal with the Financial Times, involving more than just content licensing.
2. Musk’s AI enterprise is seeking $6 billion at an $18 billion valuation, double what was previously reported.
3. The EU is placing iPadOS under its DMA rules, potentially forcing third-party app stores on Apple tablets. Tesla received positive news in China.

OpenAI has struck a new deal with the Financial Times, going beyond a simple content licensing agreement. Meanwhile, Musk’s AI company is seeking to raise $6 billion at an $18 billion valuation, double its initial target. The EU’s decision to place iPadOS under its DMA rules could soon bring third-party app stores to Apple’s tablet line. Tesla has received positive news in China, although the impact remains uncertain.

The New York Times highlights the rapid investment of venture capitalists in AI startups, especially with OpenAI’s successful deals. The Equity podcast, released on Mondays, Wednesdays, and Fridays, covers these stories and more. Listeners can subscribe on various platforms or follow Equity on social media for updates. The full interview transcript is available for those who prefer reading, and the podcast archive can be found on Simplecast.

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