xAI Not Get The 500 Million Dollar Investment

in #ai10 months ago

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Hey guys. Welcome back to my new hive blog the AI sector is growing a lot. And we can see Day by day, new things are coming. New technology is developing in the AI sector. If we count xAI as a Competitor of Google and openAI Then it is not bad because Elon Musk himself said that xAI is better than Google and openAI. Why did he include Google? because it also has an AI chatbot and Opneai is an old player here. Since Elon Musk said this then he is going to work for it and develop many things in this So we can also consider xAI as a strong competitor of openAI and Google.


Elon Musk started this AI firm as to alternative option of openAI. The bot's name is Grok. According to Elon Musk, Chatgpt only has data before 2019 So, which means chatgpt does not have any latest data But if you check then gpt-4 provides the latest information as well. Another thing is that xAI’s chatbot Grok uses data from Twitter or X. As you can see Twitter is a very famous social media platform most people value Twitter because many big personalities like politicians, authorities, and celebrities are active. So users even run the campaign on Twitter and we have seen that many times it succeeds get exposure in media. So that is why Twitter has more value than any other social And it has a huge database.


In the beginning, both have been compared but both chatbots have different features and different work. Let's talk about xAI investment. Remember Elon Musk has announced that equity investors will get a 25% stake in xAI Company. Recently, there was a rumor that xAI accumulated 500 million dollars from the $1 billion target But Elon Musk denied this report which means xAI did not get a 500 million investment. So we are seeing here high competition And competition makes things better. So competition is necessary in every field because there is a centralization So the users should have multiple options.


In Crypto, no problem Exists like this because cryptocurrency is decentralized which is why there is less chance of any type of scam, and still users have multiple options to choose from. Along with this, there is Google which is developing artificial intelligence So there are big players in this industry And this will definitely take this industry to the next level.


And we will see time by time new things will come in the AI field. Anyway, this is what I wanted to say here. If you have something to share, regarding this information, then do a comment below Share this post using relevant tags. I will meet you in my next blog. Till then, take care.


Lucky Ali


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185300304_441507187470261_6630906744872723300_n-removebg-preview.pngHi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested in learning new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥

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