Elon Musk’s xAI could be valued at higher-than-expected $20B as investor demand surges: sources
Elon Musk’s new AI startup could receive a higher-than-expected valuation of $20 billion in its first funding round, with investor demand surging as the process nears completion, the post says. I got it on paper. Musk’s xAI (which powers the sneaky Grok chatbot) could raise $7 billion to $8 billion at its lofty valuation as […]
xAI, Elon Musk’s AI Venture, Raises $6 Billion to Take on OpenAI
Elon Musk’s artificial intelligence startup xAI, which aims to rival ChatGPT developer OpenAI, raises a massive $6 billion funding round that values the 10-month-old company at a staggering $18 billion. is scheduled to be completed. tech crunch report Reliable sources close to the deal say xAI’s funding round is expected to close in the coming […]
Investors in talks to help Elon Musk’s xAI raise $3 billion, WSJ reports
Investors close to Elon Musk are in talks to help his artificial intelligence startup xAI raise $3 billion in a round, valuing the company at $18 billion, the Wall Street Journal reported. It was reported on Friday. Venture capital firms Gigafund and Steve Jurvetson are among the backers considering investing in the round, the report […]
Elon Musk’s xAI launching new version of Grok chatbot
Elon Musk’s artificial intelligence startup xAI has announced the release of an upgraded version of its chatbot Grok, a rival to ChatGPT. This version lets you write code and perform math-related tasks, but it looks like it needs a little more work to catch up with its rivals. We tested Grok 1.5 on a wide […]
Elon Musk’s xAI to open-source its Grok chatbot
Elon Musk’s artificial intelligence startup xAI will open source the code for its sneaky Grok chatbot “this week,” its billionaire founder said. The move makes Grok’s source code freely available for redistribution and modification, and appears to be Musk’s latest attack on rival OpenAI’s popular ChatGPT. twall street journal Previously reported. After the announcement on […]
Elon Musk’s xAI startup targets valuation as high as $20B: sources
Elon Musk’s artificial intelligence startup xAI, which created the insidious Grok chatbot, aims to raise billions of dollars in a private funding round in the coming weeks, valuing the company at $20 billion. The Post reported that this is a possibility. The new funding, which comes as major rival Google grapples with its “woke” AI […]