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Elon Musk’s xAI raises $6B to take on OpenAI


xAI is expected to pump the money to enhance the capabilities of Grok and build an AI supercomputer to train and run its next version.

While it is not uncommon to see massive rounds and valuations for young startups in the AI space, this development is unique due to the sheer size of the capital involved – possibly one of the largest series B investments ever made in the category. Join us as we return to NYC on June 5th to engage with top executive leaders, delving into strategies for auditing AI models to ensure fairness, optimal performance, and ethical compliance across diverse organizations. Over the subsequent months, the company expanded access to the model via Grok chatbot – making it available to paying Premium and Premium+ subscribers on Musk’s separate social network X – and highlighted how it can provide answers using the latest data from X posts while being witty, funny or sarcastic at the same time.

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