Elon Musk's AI company xAI is reportedly preparing to release a standalone consumer app.
That is after to the Wall Street Journal, which reports that the upcoming app will probably be much like OpenAI's ChatGPT and can allow users to access xAI's Grok chatbot from their personal devices.
The app is prone to arrive after xAI closes its next round of funding, which could reach $5 billion and value the corporate at $50 billion. per the Financial Times – twice as high as six months ago. musk is said to have given to investors who backed his $44 billion Twitter acquisition 25% (or Access purchase as much as 25%) of the shares in xAI to reward their loyalty.
According to the FT, a few of Musk's backers – including Fidelity, Oracle co-founder Larry Ellison and Twitter founder Jack Dorsey – may very well be cured by shares in xAI because of the startup's massive increase in value.
When xAI's funding round closes, the corporate can have raised around $11 billion.
