The article also discusses Musk's AI chatbot, Grok, which is a feature of a social media platform controlled by Musk. Despite xAI being a separate entity from Musk's other ventures, Musk stated that equity investors in his other company would hold a quarter of xAI. The report concludes by noting the unclear connection between Grok and Musk's other tech ventures, including Tesla's autonomous driving technologies, Neuralink's human-machine brain connections, and humanoid Optimus robots.
Key takeaways:
- Elon Musk has denied a report by Bloomberg stating that his AI startup, xAI, has secured funding halfway to its $1 billion goal. Bloomberg had also suggested that xAI is in negotiations for a $15 billion to $20 billion valuation.
- xAI, which Musk formed last year, has launched Grok, a chatbot that uses postings from social media on a platform that Musk also controls. Grok is also a way to promote subscriptions for the social network's Premium+ tier.
- Despite being a separate company, Musk has stated that equity investors in his other company, X, would hold a quarter of xAI, meaning they are asked to invest in xAI at least 25% of what they put in X.
- It is unclear how Grok fits into Musk's wider portfolio of autonomous driving technologies, human-machine brain connections, and humanoid robots, raising questions about the importance and seriousness of xAI.