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Dogecoin Fan Musk to Build Supercomputer for AI Startup

26 May 2024
in DOGE
Reading Time: 2 mins read
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Alex Dovbnya

Musk’s ‘gigafactory of compute’ would power future versions of Grok chatbot

Read U.TODAY on

Google News

Centibillionaire Elon Musk intends to build a supercomputer for the xAI startup, according to The Information.

The next version of Grok, Musk’s controversial ChatGPT competitor, is expected to be powered by that chatbot.

This comes after xAI unveiled Grok-1.5V, a multimodal AI model of its chatbot that is capable of working in both visual and verbal modes.

The report says that the supercomputer could be built together with technology giant Oracle.

Earlier this week, the Financial Times reported that xAI was on the cusp of securing a new $6 billion funding round, with its participants including such names as VC giants Andreessen Horowitz and Sequoia Capital.

Musk aims to secure enough funding in order to compete with OpenAI, which is currently valued at a whopping $80 billion, and other emerging AI power players like Anthropic.

The controversial entrepreneur is pitching his startup as a better alternative due to the fact that it can be connected to his various enterprises.

As reported by U.Today, xAI is expected to reach a valuation of more than $18 billion.

Now that interest in AI keeps growing, billionaires with deep pockets are trying to woo smaller AI startups. Musk’s xAI and Mark Zuckerberg’s Meta are currently vying to secure a partnership with chatbot-maker Character.ai.

About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

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