30
May
This column is a look back at the week that was in AI. Read the previous one here. Looks like we are back to weekly billion-dollar raises at multibillion-dollar valuations, at least when it comes to generative AI startups. Last week, Scale AI raised $1 billion in a round led by Accel that values the data labeling and evaluation startup at a stunning $13.8 billion. And this week, of course, Elon Musk’s generative AI startup, xAI, officially announced its $6 billion round that values the company at $24 billion. The xAI round — which included investment from Valor Equity Partners,…