AWS re:Invent 2024 coverage; World Labs previewed its first world model; Google DeepMind previewed Genie 2; Meta released Llama 3.3 70B; xAI raised $6B; Microsoft launched Copilot Vision; Nebius raised $700M; and more.
xAI, Elon Musk's AI startup and the company behind X's chatbot Grok, has raised an additional $6B following its $6B Series B fundraiser this May. As part of the negotiations, investors who contributed to fund xAI and Musk's Twitter acquisition had access to up to 25% of xAI's shares.
Microsoft has launched the Copilot Vision preview for a small set of US-based Pro subscribers. Copilot Vision is an AI-powered feature that provides insights based on the contents of Microsoft Edge screens while prioritizing user privacy and control.
Databricks has secured a massive $10 billion Series J funding round led by Thrive Capital, valuing the company at $62 billion, as it experiences rapid growth driven by AI demand. Databricks expects to cross $3 billion in revenue run rate and achieve positive free cash flow this quarter.
