Elon Musk is seeking to raise 1/44 of a Twitter for his AI enterprise, xAI. In other words and phrases, the gentleman powering Tesla, SpaceX and X is searching for $1 billion in funding for his future undertaking.
In accordance to an SEC filing, Musk has raised about $a hundred thirty five million so far from 4 unnamed traders, with the 1st sale transpiring on November 29. That signifies he even now has about $865 million to go to satisfy his $one billion intention.
So significantly, xAI is doing the job on Grok, which is Musk’s solution to OpenAI’s ChatGPT, Google’s Bard or Anthropic’s Claude. Per its website, Grok will have a “rebellious streak” and will answer “spicy” queries that other AI bots do not engage with. The solution has only been in progress for two months, but will supposedly be unveiled in beta soon to X Premium+ subscribers. A far more vital differentiator for the bot is that it designs to update with serious-time know-how posted on X. But for this function to established Grok apart from the level of competition, it will have to be intelligent ample to distinguish amongst true information on X and misinformation.
Musk was a co-founder of OpenAI, but stepped down from the board in 2018 these days, Musk has been essential of OpenAI, in particular as it fired, then re-hired, CEO Sam Altman in November, sparking mass confusion and concern inside the AI business.
It’s no smaller feat to raise yet another $865 million, but as just one of the most potent folks in tech, Musk is certainly up for the challenge… so long as opportunity traders haven’t been worried off by his (mis)management of X.
