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Elon Musk’s AI startup xAI seeks to raise USD 1 billion funding

7Dec

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Technology

Elon Musk’s AI startup xAI seeks to raise USD 1 billion funding

[ad_1] Elon Musk's artificial intelligence venture, xAI, has recently disclosed its intention to secure up to a billion dollars in funding, as indicated in a filing with the Securities and Exchange Commission, Fox Business reported.The filing on Tuesday by X.AI Corp (dba xAI) outlined a plan to raise USD 1 billion in an equity offering, with more than USD 134 million already successfully raised. The document revealed that the company had entered into a binding agreement for the sale and purchase of the remaining USD 865 million. Responding to a post by Gene Munster of Deepwater Asset Management on the financing, Elon Musk clarified on Wednesday, saying, "We are not raising money right now." Munster's post suggested that Musk's fundraising efforts were aimed at competing with OpenAI and ...

5 things about AI you may have missed today: Google launches Gemini AI model, Nvidia CEO on AI safety, more

6Dec

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Technology

5 things about AI you may have missed today: Google launches Gemini AI model, Nvidia CEO on AI safety, more

[ad_1] Today, December 6, was a very important day for the artificial intelligence space. Google has introduced its most advanced artificial intelligence model, a technology capable of crunching different forms of information such as video, audio, and text, called Gemini AI. The company claims that the multimodal AI model is its largest one yet. In other news, Nvidia CEO Jensen Huang said in an interview that he feels achieving AI safety is a reachable goal. This and more in today's AI roundup. Let us take a closer look.Google launches Gemini AIGoogle has launched its largest multimodal AI model, Gemini, with three categories — Gemini Ultra, the largest and most capable; Gemini Pro, versatile across various tasks; and Gemini Nano, designed for specific tasks and mobile devices, as per a...

The Year ChatGPT Changed Almost Everything

1Dec

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Technology

The Year ChatGPT Changed Almost Everything

[ad_1] When AI researcher Sasha Luccioni went to business conferences and speaking events last year, she would field basic questions like: “What is artificial intelligence?” Now, she said, the people she meets are not only familiar with AI, they're worried about whether it will “take over the world.” What changed, she said, was ChatGPT. On Nov. 30 last year, the public gained access to OpenAI's chatbot, which could create expansive — though not always reliable — written responses to simple prompts from users. It fundamentally shifted how people think about artificial intelligence, if they ever thought about it at all.For years, tech companies used AI to make recommendations, detect harmful content online and power self-driving cars. With ChatGPT, however, AI wasn't just something operat...

Elon Musk to launch xAI’s animated AI chatbot ‘Grok’ next week

23Nov

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Technology

Elon Musk to launch xAI’s animated AI chatbot ‘Grok’ next week

[ad_1] In a move to enhance user experience, Elon Musk, owner of X, has confirmed the imminent release of the AI chatbot, Grok, exclusively for X Premium+ subscribers. Musk hinted at the upcoming integration, asserting that Grok would be available to Premium+ users starting next week. A recent revelation by app researcher Nima Owji showcased images indicating the seamless addition of Grok to X's online application, accessible through twitter.com/i/grok. Screenshots hinted at invitations for non-Premium+ subscribers to upgrade in order to gain access to Grok, with one displaying a text entry box labelled "Ask Grok '' for user interaction.Grok's Unique PersonaAI Chatbot Grok, introduced to a select group of testers on November 4, emerges as Musk's response to existing AI chatbots like Cha...

Elon Musk rolls out Grok chatbot; know what it means and its connection with Mars

6Nov

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Technology

Elon Musk rolls out Grok chatbot; know what it means and its connection with Mars

[ad_1] Elon Musk's venture into the realm of artificial intelligence has taken a curious turn with the recent unveiling of his latest AI creation, Grok chatbot. While the name may raise eyebrows, it's not entirely unexpected given Musk's penchant for unconventional names, as evinced by his children's unique names. However, there's a deeper meaning behind Grok, and it's intimately tied to Musk's enduring fascination with Mars - the Red Planet. Decoding GrokRenowned tech industry commentator and former Microsoft strategist, Robert Scoble, recently shed light on the significance of Grok by engaging with GPT-4 to decipher its meaning. "Hmm, Elon Musk calls his new AI 'grok.' So what does 'grok' mean?," he posted. We are now on WhatsApp. Click to join. Fascinatingly, it has emerged the ter...

Elon Musk unveils xAI tool called Grok ; ChatGPT clone or more? Know the big difference

5Nov

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Technology

Elon Musk unveils xAI tool called Grok ; ChatGPT clone or more? Know the big difference

[ad_1] After ChatGPT stole the AI thunder initially, followed by tools from Google, Microsoft, and others, billionaire Elon Musk, who was initially involved with OpenAI, has rolled out his own artificial intelligence "system" that is available to a limited audience only. Musk's xAI is looking to cover up all the space in the tech world and do that rapidly as it is playing catch up with the rest of the tech world. And for that, he has now unveiled xAI's Grok system. However, even though he was involved in the development of ChatGPT, there is a lot of catching up to do, especially as content creators are cracking down on these AI bots scraping their data. Musk himself has objected to other bots scraping X data.We are now on WhatsApp. Click to join. The introduction of ChatGPT had left eve...