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Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions
Elon Musk's AI company, xAI, has raised billions of dollars in new cash at double its previous valuation.
Soon after, the company released Grok, a flagship generative AI model that now powers a number of features on X, including a chatbot accessible to X Premium subscribers and free users in some regions. It is already powering customer support features for SpaceX’s Starlink internet service, according to The Wall Street Journal, and the startup is said to be in talks with Tesla to provide R&D in exchange for some of the carmaker’s revenue. To win the agency over, xAI pledged to improve the quality of the city’s drinking water and provide the Memphis grid with discounted Tesla-manufactured batteries.
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