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- 💰 xAI Gets $3B from Saudi Arabia
💰 xAI Gets $3B from Saudi Arabia
Plus, 25 million people are paying Snapchat
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Welcome back, AI Admirers!
Breaking News: Elon Musk’s AI startup, xAI, has received a massive $3 billion investment from Saudi Arabia’s AI company Humain, marking one of the largest single-ticket investments in private AI history.
Get ready to dive into the latest happenings in AI.
📢 Today's Headline:
Saudi Arabia invested $3B into xAI!
Snapchat tops 25M subscribers, ARR hits $1B!
Google Gemini + Lyria 3 AI music model!
US court bars OpenAI from using ‘Cameo’.
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Today’s Poll and Results!
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Hand-picked News
Elon's xAI just took $3 billion from a Saudi company, then immediately folded into SpaceX.
Here's what's actually happening:
Saudi Arabia is building a massive data center with xAI and rolling out Grok (Musk's chatbot) across the country. This isn't just an investment—it's a partnership.
xAI raised $20 billion total before merging with SpaceX. That combined company is now worth $1.25 trillion.
Middle Eastern countries have over $4 trillion to invest, and they're moving fast from oil to tech. This is just the beginning.
Why it matters: Saudi Arabia needs a backup plan as the world uses less oil. They're buying into AI companies early. For Musk, it's billions in cash to compete with ChatGPT while making SpaceX even more valuable.
👀 Bottom line: Big money from oil-rich countries is pouring into AI. Expect more of these deals, and expect them to come with conditions about where the tech gets used.
Snapchat's paid subscription hit 25 million users and $1 billion in yearly revenue, and now Instagram is rushing to copy it.
What actually happened:
Snapchat+ costs $4/month for early access to new features. Launched in 2022, it now has 25 million paying subscribers.
They added pricier options: $9/month for AR filters, $16/month for no ads, and $2/month for extra photo storage.
Meta just announced they're testing paid subscriptions on Instagram, Facebook, and WhatsApp because Snapchat's model is working.
For years, social apps survived on ads alone. Snapchat proved millions of people will pay a few bucks for extra features and customization.
👀 Bottom line: Every social app is about to push subscriptions. Instagram, TikTok, Twitter — they're all watching this work and building their own versions. Free social media is slowly going away.
Google just plugged Lyria 3, its most advanced AI music model, into Gemini. Translation: you can now type a prompt and get a 30‑second track with vocals, lyrics, and instrumentals — no studio required.
It doesn’t just spit out sounds; it generates full lyrics automatically
You can tweak style, tempo, and vocals like a producer in your pocket
Google insists it’s built for original expression, not copying artists
DeepMind’s Lyria has been in limited testing for years. Now it’s mainstream, with Google promising copyright‑safe training and watermarking to keep tracks traceable.
So what: This isn’t just a toy. It’s Google planting a flag in the creative AI space ✅. Expect TikTokers, indie creators, and classrooms to jump on it fast.
⚠️ The bigger question: will musicians see this as collaboration—or competition?
Try this now: Open Gemini, type “lo‑fi beats for late night study,” and see what comes out. 👀
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Today’s Poll:
Is Saudi Arabia’s big investment in xAI a smart move to become a global AI leader? |
Vote today, see the results tomorrow!
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