David Sacks’ tasks include establishing the legal structure of cryptocurrencies and leading the Presidential Council on Science and Technology.
The company plans to use the funds to expand its AI-powered products, increase its global reach and strengthen its team.
Part of xAI's funding will be used to develop a supercomputer facility in Memphis.
The Shenzhen Artificial Intelligence Funding Plan will take effect next Wednesday.
Founded in 2017, Haber focuses on automating factory processes using robots driven by artificial intelligence.
Alibaba has split its artificial intelligence team, separating its chatbot Uniform and its LL.M. research group.
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