Elon Musk’s Plans for xAI — What’s Next for GenAI’s Wildcard There’s a wildcard in every race, no less the generative AI race.
2024 has been a big year for Elon Musk’s AI startup, xAI . From a twinkle in his eye in 2023, xAI has grown to release Grok , one of the top multimodal AI models on the market.
Earlier this year, Grok 2’s high-resolution images showed that the vendor could compete against the top multimodal LLMs from OpenAI and Runway .
This, along with potential partnerships with Tesla, an integration with Optimus , and access to real-time data from X, has made xAI one of the most exciting startups to watch.
With Musk purchasing 100,000 Nvidia GPUs and building a new supercomputer, it’s time to ask what’s next for AI’s fastest-growing startup. Key Takeaways
Elon Musk’s xAI is a high-potential contender in the generative AI market.
xAI’s Grok model competes with top multimodal LLMs from OpenAI and Runway.
xAI’s future advancements may bring in Tesla and X platform data.
We can see Grok 3’s release in late 2024 placing xAI alongside leading AI platforms. Challenges include competing against ChatGPT and accessibility limitations. Table of Contents Where is xAI in the AI Startup Race? XAI was founded in March 2023 and attracted a lot of attention as Musk’s direct entrance into the AI race after his business relationship with OpenAI soured.In November 2023, xAI released its humorous AI chatbot Grok, trained on real-time data across the X platform, which led to the company raising a $6 billion funding round in May 2024.This valuation valued the company at $24 billion and made xAI one of the world’s most valuable AI startups, alongside OpenAI and Anthropic .Our experts consider the company one to watch, including Shashi Bellamkonda , principal research director at Info-Tech Research Group , who told Techopedia:“I think xAI is a dark horse and will be a significant competitor to the other AI companies. The recent $6 billion fundraising from reputed investors, along with a $24 billion valuation, is a promising sign, even though this valuation is still lower than OpenAI’s.” […]
Elon Musk’s Plans for xAI: What’s Next for GenAI’s Wildcard?
