According to U.Today, a Twitter user known as 'DogeDesigner', who is part of the DOGE and X teams, has issued a warning to the crypto community about the lack of association between Elon Musk's companies and any cryptocurrency. The user, who goes by the alias @cb_doge, emphasized that X, its Grok AI bot, its producer xAI, and Tesla have no connections with any cryptocurrency and urged users to stay vigilant against cryptocurrency scams.
In other news, Elon Musk is reportedly in talks to secure a $6 billion investment for his xAI startup, which is valued at a pre-money valuation of $18 billion. This investment would give the investors control over a quarter of the company. The deal is expected to be finalized in the coming weeks, barring any unforeseen changes in terms. Musk launched xAI 10 months ago to compete with OpenAI’s ChatGPT. Among the potential investors are Sequoia Capital and Future Ventures, co-founded by Musk’s friend Steve Jurvetson, a board member at SpaceX and former director at Tesla until 2020. Other investors are also from Musk's inner circle.
Musk has plans to train Grok 3.0, stating that xAI requires 100,000 NVIDIA H100s for this purpose, while currently, they have approximately 20,000. Musk intends to use data from his other tech companies – Tesla, SpaceX, The Boring Company, and Neuralink – to further train xAI’s chatbot. Grok may potentially be implemented in Tesla cars to make them fully self-driving and could also be integrated into Tesla’s humanoid robot, Optimus, in the future.
The X/Twitter app, where Grok is implemented as a paid add-on, owns a stake in xAI. This move ensures that Musk's X company benefits financially from his AI bot, compensating for the significant losses in the company’s value Musk has experienced since he purchased Twitter for $44 billion in 2022.