Elon Musk: Elon Musk’s $1 billion push to compete against ChatGPT

Elon Musk‘s foray into the world of artificial intelligence, through his company xAI, is looking to make further strides. According to a recent filing with the Securities and Exchange Commission (SEC), xAI is looking to raise $1 billion in equity funding. This move indicates the company’s ambitious goals and potentially game-changing aspirations within the rapidly evolving AI landscape.
xAI, founded in 2022, is shrouded in some secrecy. Its mission statement emphasises developing “beneficial” and “safe” artificial intelligence, leaving the specific applications and technologies somewhat ambiguous. One of the first offerings from xAI has been Grok.
Grok is an AI chatbot developed by xAI, Elon Musk’s AI company. Launched in November 2023, it’s still in its early stages and currently exclusive to verified users of X’s Premium+ subscription service.
More power to Grok?
Grok’s unique selling point is its personality. Unlike many chatbots that strive for objectivity and neutrality, Grok is designed to be “witty” and even “rebellious.” This means it can engage in playful banter, express opinions, and even tackle “spicy” topics that other AI systems might avoid. “Grok is designed to answer questions with a bit of wit and has a rebellious streak, so please don’t use it if you hate humour!” X.AI wrote on its website, adding, “It will also answer spicy questions that are rejected by most other AI systems.”
Grok is built on large language models (LLMs), similar to those used by Google’s Bard or OpenAI‘s ChatGPT. This allows it to process information and respond to questions in a comprehensive and informative way. However, it also gives Grok the ability to generate creative text formats, like poems, scripts, and even code. What also works in favour of Grok is that it will have access to all of Twitter — now known as X — data. It will compete against the likes of ChatGPT and Google Bard among other chatbots.

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