Breaking: Elon Musk's xAI Partners with Oracle for AI Supercomputer, Boosting Bitcoin (BTC) and Ethereum (ETH) Prospects.

The partnership between #xAI and #Oracle is designed to build what is called the “Computation Gigafactory.” This initiative will focus on building a supercomputer that will be the backbone for training and developing Grok. In April, Musk was seeking to raise $4 billion in funding for xAI at a $15 billion valuation. Investor interest increased and Musk increased his funding target to $6 billion at an $18 billion valuation.

Additionally, these funds are expected to significantly increase xAI's GPU count. The goal is to increase the number of GPUs from approximately 10,000 to 100,000. This expansion is not just a quantitative increase, but also strategically aims to combine these GPUs into a powerful supercomputer architecture. Thus, #Grok will reach new heights in AI efficiency and capabilities.

Recently, xAI introduced its AI chatbot Grok to the European market. This launch is part of a broader strategy to make advanced #AI tools accessible globally. Despite widespread distribution, Grok is not yet available to all users in Europe, reflecting a gradual approach.

Linda Yaccarino, CEO of xAI's parent company, X, highlighted this expansion as a significant development. According to Yaccarino, the launch of Grok in Europe is an important milestone in xAI's strategy to expand its market presence outside the US. This move is expected to encourage broader adoption and integration of AI across various sectors and is likely to potentially influence global AI strategies and policies.

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