XAI Plans $20 Billion Funding Deal Backed by Nvidia
Elon Musk’s xAI aims to raise $20 billion in equity and debt, securing Nvidia’s GPUs and investment to power its growing AI infrastructure.
Amid the AI revolution, even Microsoft admits the danger! CEO Satya Nadella has issued a stark warning: the company’s iconic products could lose their value if they fail to keep pace with the new era.
A Warning from Inside Microsoft
In an unusually candid move, Nadella cautioned that flagship products like Word, Excel, and Office may become irrelevant in the future as artificial intelligence rises.
🔹 He compared the situation to other tech giants that vanished after decades of dominance, stressing that Microsoft’s survival depends on deep renewal and attracting the best talent.
🔹 The biggest concern: AI models are increasingly capable of creating spreadsheets, presentations, and documents without needing Microsoft’s traditional tools.
🔹 In response, the company is betting on Copilot and major leadership shifts to strengthen its AI strategy, even after mass layoffs that affected 9,000 employees.
Will the American giant manage to hold its ground?
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