
0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).

All times are ET.
1. Elon Musk's xAI raises $1B, less than rivals OpenAI, Anthropic, Inflection
$20B valuation was previously mentioned by Elon to potential employees.
$135M already put in, with the remaining to be transferred under a ābinding and enforceable agreement.ā
Grok has performed poorly when compared to its rivals, but we expect xAI to launch more innovative products in 2024.
2. Playground v2 released: best apparent open-source text-to-image AI model
We still see OpenAI's DALL-E 3 as having better quality ā it is not open-source, however

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