Grok is a generative chatbot with artificial intelligence (AI) developed by xAI and already integrated into the X social network owned by Elon Musk.
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Photo – reuters.com
As reported by NBN with reference to the publication's sources The Wall Street Journal, in 2023, American businessman and innovator Elon Musk launched the artificial intelligence startup Grok, whose valuation reached $50 billion by the end of 2024.
As it became known, the valuation of xAI Grok has doubled since the spring of this year, exceeding the value of the ex-Twitter social network (X), which cost Elon Musk $44 billion.
However, such a drop in the value of the social network of the odious Trumpist billionaire, judging by everything, is caused by the fact that a huge number of advertisers left this platform due to Musk's controversial statements and an imperfect moderation model: in September, Fidelity, which invested in X $19.6 million, reported—its investments have fallen in price by almost 79 percent since 2022.
Earlier, our information portal wrote about the fact that an expert told how to prepare for a startup pitch.